Two examples include R2 companies' acquisition of 150 N Michigan Avenue in Chicago for $90/SF and In-Rel Properties' purchase of 7500 Old Georgetown Road outside of Washington, D.C., for $92/SF.Such steep discounts can be necessary as negative absorption and declining rent growth make it difficult to underwrite office today.

Say property owned by “property company” gets purchased by “business LLC” for the new value, which would be a new depreciation amount about 3x higher

@Tyler UnderdahlYes it is too good to be trueEasy way to find out is to tell them who your escrow and title company will be.

I’d imagine they outsource this work I suppose they could do it in house as they are a larger company.

Do you have any recommendations on which cities/ zip codes you find better and which company would you recommend for property management?

My company will get acquired again, so perhaps an 8-plex?!

Also known as an O&E -- owner and encumbrance report.

I had one in Oregon where the title company missed that we were land locked it took us 5 years to get it done and probably 75k or more in legal fees the Title company had to pay.. 

Evolve is a property management company.

@David John Forliti I'm on the Panhandle of Florida - I live here, own investments here (STRs that I manage through my own company) and sell real estate here.