Okay, Here’s my model!
There is one thing which I am uncertain about and it regards both the purchase and sale price of the property. I was looking for the answer online for a while but I figured it would be easier directly asking you guys.
- For purchase price:
- Is the NOI I use forward-looking or historical? Do people within REPE generally work with the upcoming year’s NOI projections when making a bid or is a bid generally tied to the historical YTD NOI?
- For sales price
- Same question essentially. Do I use the historical YTD NOI for sale price or do I use a stabilized year to create an ask?
Thanks, look forward to your feedback