Discuss the differences between using (1) a terminal cap rate and (2) an appreciation rate in property
Question:
Discuss the differences between using
(1) a terminal cap rate and
(2) an appreciation rate in property value when estimating revision values.
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The terminal cap rate approach to estimating a reversion value is based on the as...View the full answer
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Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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