Tag Archives: Capitalization

Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for … – Bradenton Herald

Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for …Bradenton HeraldBased on 2010 results, the purchase price equates to an EBITDA multiple of 13.4x and a capitalization rate of 6.1% utilizing NOI that is approximately 36% below its peak levels. … Continue reading

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Wealthy US Individuals Invest in Commercial Property in Quest for Yield – Bloomberg

Wealthy US Individuals Invest in Commercial Property in Quest for YieldBloombergThe average capitalization rate on commercial properties excluding hotels was 7.2 percent as of the fourth quarter last year, Real Capital data show. Cap rates are a property's net income … Continue reading

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IIT Under Contract on Solo Cup’s Atlanta Distribution Center for $33.8M – Citybizlist Real Estate

IIT Under Contract on Solo Cup's Atlanta Distribution Center for $33.8MCitybizlist Real EstateThe estimated aggregate weighted-average purchase price capitalization rate for the portfolio is approximately 7.7%. A subsidiary of Industrial Income Trust Inc. has entered into an agreement to acquire … Continue reading

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NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES … – CNW Group (press release)

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES …CNW Group (press release)The purchase price will be approximately $16.75 million, subject to adjustments, which represents a 7.9% capitalization rate applied to in-place annual net operating income (reflecting the going forward year … Continue reading

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Thayer Lodging Group Pays $96M for Hotel – GlobeSt.com

GlobeSt.com Thayer Lodging Group Pays $96M for HotelGlobeSt.comThe pricing equates to a 3.7% capitalization rate. Cushman & Wakefield Sonnenblick Goldman served as the exclusive financial advisor to Ashford Hospitality Trust. Built in 1987 and recently renovated at a cost of … Continue reading

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Why the Pop Up Store Phenomenon? – PRLog.Org (press release)

Why the Pop Up Store Phenomenon?PRLog.Org (press release)Marketing strategies= Pop Tart Store in Times Square Property values are determined by rents multiplied by a capitalization rate. “cap rate” the lower rent, the lower the value of a building. Landlords don't … Continue reading

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Home Properties Inc. Reports Operating Results (10-K) – GuruFocus.com

Home Properties Inc. Reports Operating Results (10-K)GuruFocus.comThe weighted average expected first year capitalization rate for the acquired communities was 6.1%. Capitalization rate (“cap rate”) is defined as the rate of interest used to convert the first year expected net operating … Continue reading

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Multifamily, Up From the Rocky Bottom – New York Observer

New York Observer Multifamily, Up From the Rocky BottomNew York ObserverGenerally, we saw reductions in gross rent multiples and capitalization rate expansion. The trend of increased volume of sales and meandering values mirrored what we saw across all product type … Continue reading

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Record year for British Columbia commercial real estate investment market as … – Canada NewsWire (press release)

Record year for British Columbia commercial real estate investment market as …Canada NewsWire (press release)The record 2010 sales dollar volume, which was reached after a prolonged period of capitalization rate compression, can be attributed to the market's reinforced underpinnings, with … Continue reading

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Sears Holdings: Undervalued in Run-Off – Seeking Alpha

Sears Holdings: Undervalued in Run-OffSeeking Alpha$6/sq ft = $547.5 million Using a capitalization rate of 7% (I believe this is a conservative estimate – a case could be made for closer to 6%), we would get a rough value of … Continue reading

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