Lately I have been receiving a high volume of calls from appraisers. Appraiser calls are nothing new. Normally, I receive a handful a month calling to ask questions about properties I have sold or asking for my opinion on a particular property they are trying to value. Now, I am receiving several appraisal calls per [...]
Retail News Blog put up good post this morning titled Capitalization Rates Without Market Activity which addresses the problem in the marketplace of determining property values with little or no market data available. With fewer and fewer sale transactions taking place, appraisers are left in the dubious position of valuing property without comparable sales data. [...]
What is a market CAP Rate today? It certainly is hard to tell. I can remember, back in the late 90′s, making spreadsheets comparing CAP Rates of tenants based upon their net worth. We had a CAP range for $500M – $1B net worth tenants, $250M – $500M net worth, $100M – $250M net worth [...]
