This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.

.: If as you say, you're not considering this in a vacuum, then why even single out cash flow or single out anything for that matter?

Have a timeshare or airline miles to throw in. 

I think we all know about the importance of black out curtains and a comfortable bed and linens, but after buying the wrong product, I have learned how important a good vacuum is to many travelers.

We are on all of the above, as well as:- Marriott Homes and Villas- Google Vacation Rentals- Jetblue Airlines- Allegiant Airlines- about 10+ more and soon to be American Express Travel and Hyatt's portal. 

We cut the line and vacuum 8 months worth of poop, and prove the line was capped.- City instructs the New Contractor the tear up the road and reattach and tap my line back into sewer main.

We are based in Alaska and have 2 primary airlines: Delta and Alaska.

It's the flight attendant saying she knows how the airline should be run. 

In the old days you just hoped on the Intel shuttle  Intel had their own airline. and it ran out of the local hillsboro office.. now she has to go to PDX and go through security etc..

In the last 2 years we have had two different properties where tenants left a bad flea problem behind, and it's a PITA to get them gone because you have to spray multiple times and vacuum everywhere multiple times.