Major employers like JP Morgan and AT&T are pushing for these policies as well, and specifically in the D.C. region, Amazon HQ2, the Washington Metro Area Transit Authority, and the Executive Branch of the government have required all employees to return to work 5 days a week at those locations.Fundamental Lack of Residential SupplyAnother interesting driver of demand is the fundamental lack of supply of housing stock due to the fallout effects of the 2008 housing crisis, slowdowns in housing construction during Covid-19 primarily in 2020, and a good amount of 2021 from supply chain issues, labor shortages, and rising construction costs.

Sorry I didn't push you off of the fence.

Mezzanine debt.This pushes groups to finance this way because “that’s what sells.”  

@Chris KittleI was not directing it to you but many vendors push elaborate schemes and use fear tactics to sell some of these strategies.  

I know Air/VRBO are strongly pushing for hosts to offer non-cancellable bookings at a 10% discount. 

Given all your data on historic pricing, average length of stay, and pricing at the 25th percentile, please let us know if you're able to push up the VRBO chain to speak to a Supervisor (or equivalent) and have them verify the data that supports your position.I can share that calling the VRBO support line: 877-202-4291, identifying yourself & property ID, and requesting a Supervisor politely and repeatedly, can lead to different outcomes.

I was able to push back and provided more data, he adjusted to $1,335,000.

I appreciate the advice. we looked nationally for about 2 months for this particular deal it's a 58 room apartment hotel deal and a bit small for private equity and hotel funds they want double the size so we are pushing forward with the fund creation and equity raise. 

So basically just pushing you further down the capital stack. 

The recent consecutive mistakes have been so EGREGIOUS, that I honestly thought that it was either A SICK JOKE, or some coordinated attempt to push out some of their tenured clients.