But with our nation giving tax cut handouts to corporations and the ultra wealthy like like candy at a kids birthday party we collectively ARE going to have to make that up somehow, someday.

The value is tied more to if the parent company guarantees the lease and they provide financials along with individual location performance.Lenders want an ultra clear view of how they are doing along with the strength of the location.Christian Brothers as an example if corporate guarantee I have closed some of those but if it's single franchisee lenders balk at lending on those.

Resales on ultra-luxury real estate is a limited market and a hard sale, especially in Manhattan where so much ultra-luxury inventory already exists.

The bank where commercial only makes up a small part of lending for them they tend to be ultra conservative on rate and terms and price in risk because they do not understand that space on a deeper level they just dabble in it.Other commercial lenders where a majority of their business comprises that they usually have a more intense knowledge of the subject so can give better terms to mitigate risk in their eyes.   

The lending environment was ultra tough during those years.

I also just started training for ultra races and signed up for New Jersey and Vermont.

We have a ton of equity in the property, our accountant checked over all the financials and finalized them. 5 year proforma and OpExp, construction budget, source and use of funds, Draw schedule, and construction schedule all included.We had a broker run several market reports from CoStar to verify numbers, and decided to run the financials at 30% lower rates than this to be ultra conservative.

It's a new AirBnB company that focuses on the ultra premium market. www.luxuryretreats.comLet me know your thoughts.

For example, you could pick up roommates and split the utilities with them for your unit to keep your expenses ultra low. 

That is violet has of IRS regulations.