Alot of owners have an automatic "last minute discount" that starts about 30 days out and gradually increases, we do the same.

It’s been an incredible journey of self-managing the property—living in one of the units for three years and gradually renovating three out of four as tenants turned over.

This allows the new partner to share in the appreciation when the property is sold, which could help compensate for the upfront cash investment they’ll make in buying out the partner.If the current partner is open to it, you could explore a form of seller financing or a gradual buyout plan.

In summary, while rising rates pose challenges for mortgage REITs in general, floating rate commercial mREITs are positioned to handle and even benefit from gradually rising interest rates better than fixed rate residential mREITs.

Start small and scale gradually, reaching out to local agents and investors.Good luck!

You can also offer to gradually increase the rent (if feasible) or give them time to adjust, which can ease tensions.Requesting to vacate is the trickiest part, especially with a tenant who might challenge you.

The idea of doing the gradual rate decreases is to have a gradualness to the market fluctuates. 

The new owner will be able to decide if they will gradually raise rents to market or have tenants move-out, renovate and mark-to-market.

For raising rents, you can do it gradually and possibly keep the tenant, or you can do it all at once and at that price increase you'll likely lose them. 

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.