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1 January 2025 | 0 replies
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.
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1 January 2025 | 26 replies
Thank you, I do try to always be professional, transparent, and fair.
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26 December 2024 | 4 replies
But, they have ZERO liability for the performance of that tenant.Second, 97%+ have no idea on how to screen a tenant, other than income = 3x rent and a credit score.
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19 December 2024 | 25 replies
I love my CPA just wondering about what a fair price is for a CPA to do our taxes.
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30 December 2024 | 5 replies
Even if they did, the side with evidence tends to win.Your deductions seem reasonable and you are clearly trying to be fair.
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7 January 2025 | 8 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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3 January 2025 | 26 replies
This behavior:Limits buyer choicesExcludes sellers willing to negotiate commissionsHinders fair market competition4.
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2 January 2025 | 8 replies
Quote from @Charles Fay: Hello all, first time posting and wanted to ask for your advice.currently in the military awaiting a 9-12 deployment within the next 6 months.I will have ~150k savings after deployment, 85k before, with no debt, payments or anything other than basic bills, 750+ credit.