Apr
21

Lenders, Investors Struggle to Define Value and Market Metrics

By
– Affordable Housing Finance

While the transaction market is slowly starting to pick up, multifamily financiers continue to struggle to define value and get a handle on the strength of local markets.

Cap rates of recent sales is a key metric in assessing local value, yet that value is tough to come by in the absence of trades. And even when a recent sale results in a given cap rate, that cap rate often can’t be taken at face value, said panelists at the 2010 Apartment Finance Today Conference.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

Be Sociable, Share!
    Categories : National News

    Comments are closed.