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?
interesting. here's a big deal that just closed. $282 psf for the Flatiron Building.
http://www.streeteasy.com/nyc/closing/926947