Tag Archives: percent

Cap rates: a rather good measurement of value – San Diego Daily Transcript

In perhaps 50-60 percent of the cases, the subject of capitalization rates is of key importance. Inevitably, it is my obligation to explain what a cap rate is and its effect on the value of real estate. With that in … Continue reading

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VIP Self Storage in El Cajon, Calif., Sold for $1.8M – Inside Self-Storage

VIP Self Storage at 1636 N. Magnolia Ave. in El Cajon, Calif., recently sold for $ 1.8 million, representing an 8.03 percent cap rate. Completed in 1983, the two-story facility has 363 units in approximately 24,077 square feet. William Anderson, … Continue reading

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Beverly Hills Lures Wealthy Investors Seeking Trophy Apartments – BusinessWeek

The Beverly Hills investor accepted an annual cap rate of 4.5 percent, more than two percentage points below the national average, said Hamid Soroudi, senior managing director at Los Angeles-based real estate firm Charles Dunn. “It seems almost a … … Continue reading

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Orlando apartment rents expected to rise this year – Orlando Sentinel

Asking rents for apartments in Metropolitan Orlando are expected to increase 2.9 percent this year to a midpoint of $ 863 a monoth, according to an annual forecast by Marcus & Millichap . The real estate firm forecast that the … Continue reading

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Judge Approves Bonus Plan for Executives of the Borders Group – New York Times

The low range of bonuses will be paid if Borders negotiates at least $ 10 million in annual rent reductions on its store leases, and senior managers will get 125 percent of their base salary if they recover more than … Continue reading

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Borders Bankruptcy Judge Approves Bonus Plan for Executives – San Francisco Gate

Rent Reductions The low range of bonuses will be paid if Borders negotiates at least $ 10 million in annual rent reductions on its store leases, and senior management will get 125 percent of their base salary if they recover … Continue reading

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Study: Average apartment rents in LA County expected to decline – San Jose Mercury News

LOS ANGELES – Average apartment rents in Los Angeles County are expected to decline by 3.2 percent by the end of next year, according to a study released today by the Lusk Center for Real Estate at the University of … Continue reading

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Study: Average apartment rents in LA County expected to decline – Los Angeles Daily News

LOS ANGELES – Average apartment rents in Los Angeles County are expected to decline by 3.2 percent by the end of next year, according to a study released today by the Lusk Center for Real Estate at the University of … Continue reading

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Rental housing prices down 8.2 percent in Las Vegas – Las Vegas Review Journal

He also has a large inventory of condos for lease on the Strip. In addition to rent reductions, RealFacts found concessions offered at about 60 percent of properties surveyed. Common deals include one month of free rent for long-term leases … Continue reading

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Retailers say landlords must share the pain – Reuters UK

Another senior retail executive, speaking to Reuters on the sidelines of the conference, said he was achieving rent reductions of 35-40 percent on new lease agreements. “The medieval system where there’s only upward-only rent reviews needs to change,” said … … Continue reading

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