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My friend Jim MacCrate, MAI has posted an interesting blog called Investor Surveys & Weaknesses. I’d like to chime in and add my own spin to investor surveys. It is important for users to understand that there are weaknesses inherent in many of the investor surveys which can affect the final valuation conclusions. Investment Grade Leverage The biggest weakness . . . → Read More: Investor Surveys & Weaknesses Redux – Part 1 of 3 I spent some time today looking at current marina listings on the web. Of course I cannot peg numbers for marinas by just looking at a picture, but I saw some extremely large listing amounts, extremely long days on markets and many who are touting their approvals for condos, dockominiums, etc. I picked out a few . . . → Read More: Marina Owners Haven't Faced Reality Yet |
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Investor Surveys & Weaknesses Redux – Part 2 of 3
In Part 1 we saw that a 7.14 percent cap rate for an institutional investor has negative leverage while a 10 percent cap rate for a non-institutional investor has positive leverage. As you can guess, there is some number in between where there is a break even point between positive and negative leverage (let’s call it . . . → Read More: Investor Surveys & Weaknesses Redux – Part 2 of 3