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Best bear case with data

Started by Rhino86
almost 17 years ago
Posts: 4925
Member since: Sep 2006
Discussion about
This is a pretty good summary. Discuss. http://www.reitwrecks.com/2009/06/commercial-real-estate-values-manhattan.html Also a link to residential mortgage REITS http://www.reitwrecks.com/2008/08/mortgage-reit-list.html Now tell me again why 3.5% cap rate for a coop is ok?
Response by aboutready
almost 17 years ago
Posts: 16354
Member since: Oct 2007

interesting. here's a big deal that just closed. $282 psf for the Flatiron Building.

http://www.streeteasy.com/nyc/closing/926947

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