NYC Ground Leases
Does anyone have any idea on how appraisers/construction lenders are valuing ground leases for to-be-built MF projects? Based on purchase price/cap rate/ground rent/escalation etc?
Any intel would be greatly appreciated. Thanks!
Does anyone have any idea on how appraisers/construction lenders are valuing ground leases for to-be-built MF projects? Based on purchase price/cap rate/ground rent/escalation etc?
Any intel would be greatly appreciated. Thanks!
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