In the recent transactions Iv dealt with high rises Iv seen many special assessments in place for reconstruction of elevators and other contributing factors.

This dearth of distress is another reason today’s home prices will remain elevated to stable, despite higher mortgage rates.

Home prices remaining elevated despite rapid interest rate spikes is a very good indicator for how out of balance the market currently is.

, or elevator lobby?

The feedback is greatly appreciated.I should have been more concise -, the goal is to shake things up and elevate the tools available to real estate investors like yourself.

We dug the foundation, the pad was all set to go, the exact correct elevation etc... and then it rained like crazy for the better part of a month and now the whole site has turned into a rutty claylike mess with a ton of water in it. 

The elevator will have a roughly 8x8 concrete block shaft and elevator inside.

My apprehension stems from the possibility that the elevated borrowing costs may outweigh the potential rental income and tax advantages, making it challenging to replicate the financial benefits I've enjoyed in the past. 

As higher interest rates keep deal underwriting difficult, the bid-ask spread continues to be elevated.

Share your insights and let's elevate our commercial real estate endeavors in the Big Apple!