What is your expected appreciation and what is the data to back that up (e.g. how confident are you in you answer)?

., overall portfolio stability or income growth).Be cautious when setting pay expectations.

I currently have this property under contract, expected to close within 3 weeks.

Given the $100 figure for ground floor, I'd expect an adjustment more like $10 a sq.ft for basement.

Luckily, we knew this and expected this task to take a shorter amount of time because we've done it many times before.

Without getting into the weeds of our conversation, their response was as expected highlighting their service and ability to facilitate a loan.

In contrast, value-add multifamily properties like the Michigan apartment complex offer:Immediate cash flow exceeding bond yields.Significant upside potential through renovations and operational improvements.A position at the bottom of the market cycle, with strong tailwinds expected in the years ahead.For investors willing to explore opportunities beyond fixed-income investments, the current CRE market offers a compelling case.

There is no general rule of thumb but you can expect it to be in the range you have listed above.

Seemed legit and expecting to hear back from them today on some proposals for a project I am working on. 

Suggest you monitor the media feedback during the NFL Draft this weekend - which we expect to be very positive!