Bill Rapp, CRE Broker🏢 How to Underwrite Exit Cap Rates Correctly (And Protect Your Investment) If you get one assumption wrong in commercial real estate… it’s usually the exit cap rate.
Bill Rapp, CRE BrokerPre-Leasing vs Spec Building: What Underwriters Prefer Commercial real estate development always involves balancing risk, timing, and capital. One of the biggest strategic decisions developers face is whether to pre-lease a building before construction or build on speculation (spec) and lease the property after completion.
Bill Rapp, CRE BrokerThe Multifamily Market Has Officially Reentered Its Discipline Era The multifamily sector is no longer operating under the assumptions that defined the pandemic boom. Ultra-low interest rates, aggressive rent growth forecasts, and appreciation-driven underwriting have given way to a far more conservative and cash-flow-centric credit environment.