Why CAP rate is completely meaningless…and incredibly valuable! Let me start off by saying that I have been in the commercial real estate business for 31 years. I have owned properties and still do. I routinely invest in commercial real estate and I have helped hundreds if not thousands or
Monthly Archives: March 2015
In the high-flying world of commercial property investments, $1.5 million is a rounding error. So most investors probably didn’t pay much attention when, in late July, the owners of the Hard Rock Hotel Palm Springs said they had sold a 15 percent stake for that sum to a group of 85 people.