No local factor is more important.The other thing is that Illinois has had the exact same issues for the 30 years I have lived here...and longer.

A major factor is if you are using a national bank or a local. 

Cheesecake factory announced they are not paying rent at any location for April.

I would build a higher vacancy factor. I

These units built in a factory- Stacked on site and put together in 5-8 months instead of the 12+ months we seen in the past.  

Another factor that could indicate a completed purchase and sale is where the lease requires the lessee to make substantial improvements to the property and the lessee's investment in the improvements can be recouped only by exercising the option, Oesterreich, 226 F .2D 798.Another factor is the intent of the parties, based on the facts and circumstances.

That is the determining factor. I

Yes you can charge by subcooling and super heat but the only way to charge it to factory design is by weight.

Now they are supported by government payouts almost immediately (some may have to wait for payments, but they are coming)The other major factor is the markets were healthy before this happened and Fed and Treasury jumped in fast to prop up and fund the capital markets and banks with unlimited funding.

These tend to be boutique firms that are either local or regional.50+ you start to get into more of the national players: CBRE, Cushman Wakefield, etc.These are general trends I see in the midwest, but price is also a factor.  I