- 5 Points) xxxxxxx & Describe xxxxxxx Least 2 xxxxxxx xxxxxxx a xxxxxxx rate that xxxxxxx obtained from xxxxxxx Commercial xxxxxxx xxxxxxx transactions to xxxxxxx a property xxxxxxx offered for xxxxxxx today?
Problems occur xxxxxxx properties being xxxxxxx as "comparables" xxxxxxx xxxxxxx lease xxxxxxx maturities, and xxxxxxx quality of xxxxxxx Further, xxxxxxx xxxxxxx are older, xxxxxxx depreciated, have xxxxxxx functional design, xxxxxxx than the xxxxxxx problems can xxxxxxx In these xxxxxxx xxxxxxx rates xxxxxxx be either xxxxxxx to reflect xxxxxxx differences xxxxxxx xxxxxxx used at xxxxxxx value="2">5 Points) xxxxxxx may a xxxxxxx cap rate xxxxxxx lower than xxxxxxx "going in" xxxxxxx xxxxxxx When xxxxxxx it be xxxxxxx style="margin-left:36.0pt;">
A xxxxxxx cap xxxxxxx xxxxxxx be lower xxxxxxx the going xxxxxxx cap rate xxxxxxx between the xxxxxxx time and xxxxxxx of a xxxxxxx xxxxxxx interest xxxxxxx are expected xxxxxxx fall, risk xxxxxxx expected xxxxxxx xxxxxxx or demand xxxxxxx expected to xxxxxxx (thereby producing xxxxxxx rents and/or xxxxxxx A higher xxxxxxx cap rate xxxxxxx xxxxxxx if xxxxxxx opposite changes xxxxxxx the three xxxxxxx stated xxxxxxx xxxxxxx style="margin-left:36.0pt;">
A reduction xxxxxxx risk lowers xxxxxxx cap rates xxxxxxx expected returns xxxxxxx lower. If xxxxxxx occurred at xxxxxxx xxxxxxx when xxxxxxx increases, property xxxxxxx would rise xxxxxxx because xxxxxxx xxxxxxx in rents xxxxxxx greater demand xxxxxxx lower cap xxxxxxx clear="all" /> 20) xxxxxxx Points )The xxxxxxx rate for xxxxxxx xxxxxxx estate xxxxxxx highly correlated xxxxxxx the 10-year xxxxxxx treasury xxxxxxx xxxxxxx OR FALSE
State xxxxxxx :Due to xxxxxxx longevity of xxxxxxx estate leases, xxxxxxx the differential xxxxxxx and demanddynamics xxxxxxx xxxxxxx estate xxxxxxx to other xxxxxxx of the xxxxxxx name="_GoBack">