The document summarizes principles of commercial real estate finance, including modules on time value of money, discounted cash flow analysis, and real estate cycles. It discusses how timing affects cash flows, the basics of calculating future and present value, and how real estate markets experience prolonged periods of supply and demand imbalance that lead to price cycles. It provides examples of how these concepts apply to the US commercial real estate market from 2009 to 2011.
Vacation rental management budgeting and financial management 401Amy Hinote
Budgeting and managing finances for vacation rental managers: An in-depth four hour boot camp incorporating more hands-on knowledge of how to manage the financial landscape and use budgeting as a foundational tool to grow the business and meet future goals.
Back to Basics: Financial Fundamentals for StartupsIntelligent_ly
Back to Basics: Financial Fundamentals for Startups taught by Dan Allred from Silicon Valley Bank at Intelligent.ly in Boston. This deck covers basic accounting principles, income statements, balance sheets, cash flow, company financial statements and more.
Financial Management & Budgeting for Vacation Rental Companies by Ben Edwards, President Weatherby Consulting. Includes info about cash flow, income statements, reporting, revenue projections, and accounting.
Vacation rental management budgeting and financial management 401Amy Hinote
Budgeting and managing finances for vacation rental managers: An in-depth four hour boot camp incorporating more hands-on knowledge of how to manage the financial landscape and use budgeting as a foundational tool to grow the business and meet future goals.
Back to Basics: Financial Fundamentals for StartupsIntelligent_ly
Back to Basics: Financial Fundamentals for Startups taught by Dan Allred from Silicon Valley Bank at Intelligent.ly in Boston. This deck covers basic accounting principles, income statements, balance sheets, cash flow, company financial statements and more.
Financial Management & Budgeting for Vacation Rental Companies by Ben Edwards, President Weatherby Consulting. Includes info about cash flow, income statements, reporting, revenue projections, and accounting.
Financial Models are one of the things that entrepreneurs need to build for their businesses. This presentation gives a clear idea about how to put a financial model together.
The NOI/Property Value ratio is also known as the overall capitalization rate, which tests the assumption for the appreciation of the property. The only difference between this ratio and the Capitalization Rate shown on a planEASe Income Statement is that the Cap Rate uses the original purchase price, and the NOI/Property Value uses the sale value at the end of the year that the NOI/Property Value ratio is calculating.
Financial Basics for Startups: How to Think Like a CFOSecureDocs
Complete slides from the December 9, 2014 webinar: Financial Basics for Startups: How to Think Like a CFO. Reviews top accounting apps for startups and small businesses as well as the benefits of outsourced controllers.
We know you’re a genius. You’re building a phenomenal company, one that may change the world, but you never took or don’t remember what you learned in that Accounting Class.
Often entrepreneurs drown in paperwork and receipts as they try to flush our their business plan. It’s important to keep your books straight from the beginning and keep track of the most important thing: the money. In this hands on workshop, we will take you back to basics, covering the fundamental metrics and financial accounting principles that will make or break your startup.
Expert:
Dan Allred – Silicon Valley Bank
www.thecapitalnetwork.org
Learn how to approach common errors when reviewing opposing experts’ reports, and to identify weaknesses in your own experts’ valuations so you can address them before they are cross-examined by opposing counsel.
What goes into a useful set of financial projections for a startup? How do you go about building a set of projections that meet your needs and best position you for success?
Tom Schryver, Visiting Lecturer of Management at Cornell University, provides an overview of financial modeling and planning principles for startups. This session includes:
• How different reviewers of these projections look at them, and what they look for
• A high level overview of how to construct a set of projections
• How to break down the components of financial projections into actionable blocks
The Cap Rate is a core ratio in commercial real estate investments and is very useful because it is so simple. All you really need is a reliable 1-year Net Operating Income (NOI) number. For this reason it is often used to create a beginning purchase price and ending sale price. Also, it can be used as a Return on Investment (ROI) or Profitability Ratio as shown in the example above.
Use of the Cap Rate to create a beginning purchase price or an ending sale price Net Operating Income (NOI) is part of the Cap Rate, and it is important to understand which NOI is being used --- Last Years, Next Years, or a 'Current Year' NOI created by multiplying the current month by 12? Use of each of these NOI values has issues:
Customer Lifetime Value to Prioritize Customer Experience ManagementClearAction
Calculating customer lifetime value is 1 of 6 customer experience management success factors. It motivates executives and prioritizes employee engagement in differentiating customer experience.
See https://ClearAction.com
Small Business Tips: Budgeting and Forecasting Skoda Minotti
Budgeting and forecasting are important to managing and growing a business, however, many small business owners do not understand the importance of these tasks. Whether it is the anticipated time commitment or the uncertainty of how to prepare a budget or forecast, this session will assist small business owners in understanding the importance of budgeting and forecasting and help them get started with the process.
Financial Models are one of the things that entrepreneurs need to build for their businesses. This presentation gives a clear idea about how to put a financial model together.
The NOI/Property Value ratio is also known as the overall capitalization rate, which tests the assumption for the appreciation of the property. The only difference between this ratio and the Capitalization Rate shown on a planEASe Income Statement is that the Cap Rate uses the original purchase price, and the NOI/Property Value uses the sale value at the end of the year that the NOI/Property Value ratio is calculating.
Financial Basics for Startups: How to Think Like a CFOSecureDocs
Complete slides from the December 9, 2014 webinar: Financial Basics for Startups: How to Think Like a CFO. Reviews top accounting apps for startups and small businesses as well as the benefits of outsourced controllers.
We know you’re a genius. You’re building a phenomenal company, one that may change the world, but you never took or don’t remember what you learned in that Accounting Class.
Often entrepreneurs drown in paperwork and receipts as they try to flush our their business plan. It’s important to keep your books straight from the beginning and keep track of the most important thing: the money. In this hands on workshop, we will take you back to basics, covering the fundamental metrics and financial accounting principles that will make or break your startup.
Expert:
Dan Allred – Silicon Valley Bank
www.thecapitalnetwork.org
Learn how to approach common errors when reviewing opposing experts’ reports, and to identify weaknesses in your own experts’ valuations so you can address them before they are cross-examined by opposing counsel.
What goes into a useful set of financial projections for a startup? How do you go about building a set of projections that meet your needs and best position you for success?
Tom Schryver, Visiting Lecturer of Management at Cornell University, provides an overview of financial modeling and planning principles for startups. This session includes:
• How different reviewers of these projections look at them, and what they look for
• A high level overview of how to construct a set of projections
• How to break down the components of financial projections into actionable blocks
The Cap Rate is a core ratio in commercial real estate investments and is very useful because it is so simple. All you really need is a reliable 1-year Net Operating Income (NOI) number. For this reason it is often used to create a beginning purchase price and ending sale price. Also, it can be used as a Return on Investment (ROI) or Profitability Ratio as shown in the example above.
Use of the Cap Rate to create a beginning purchase price or an ending sale price Net Operating Income (NOI) is part of the Cap Rate, and it is important to understand which NOI is being used --- Last Years, Next Years, or a 'Current Year' NOI created by multiplying the current month by 12? Use of each of these NOI values has issues:
Customer Lifetime Value to Prioritize Customer Experience ManagementClearAction
Calculating customer lifetime value is 1 of 6 customer experience management success factors. It motivates executives and prioritizes employee engagement in differentiating customer experience.
See https://ClearAction.com
Small Business Tips: Budgeting and Forecasting Skoda Minotti
Budgeting and forecasting are important to managing and growing a business, however, many small business owners do not understand the importance of these tasks. Whether it is the anticipated time commitment or the uncertainty of how to prepare a budget or forecast, this session will assist small business owners in understanding the importance of budgeting and forecasting and help them get started with the process.
What You Really Need to Know about Commercial Real Estate UnderwritingColleen Beck-Domanico
Prudent real estate underwriting uses quantitative analysis. However, real estate math isn't just a black‐and‐white exercise, nor is it simple formula lending. Many qualitative judgments feed into your estimates of property cash flow, coverage, and value that come from quantitative analysis. Your analysis should be completed in the context of the qualitative credit risk assessment. Doing so will avoid over‐advancing on potentially weak property cash flow streams that will jeopardize repayment prospects and bank portfolio quality. This presentation looks at quantitative analysis and integrating qualitative factors; underwriting guidelines; regulatory guidance; and value and cash flow analyses.
Rapport de Triple-C sur l'audience du Carn@val numérique 1re saisonMichel Guillou
Il s'agit du rapport appelé « écho numérique » suite à l'organisation, le 18 mars 2017, à la Cité des sciences, de la 1re édition du Carn@val numérique « Même pas peur » sur le thème de l'irruption
un'Agorà presso il Centro dell'Impiego di Prato con l'Associazione Italiana Formatori per confrontarsi sugli sviluppi del sistema nazionale di certificazione delle competenze
Knack success story - Gamification in recruitment - Manu Melwin Joymanumelwin
Knack uses video games as a screening platform rather than device to determine how creative, cautious, adept at multitasking or easily distracted, among other attributes, job applicants are.
This presentation offers best practices and lessons learned regarding finding and developing Agile Product Owners. The presentation goals are:
- Understand the value of the Product Owner;
- Provide real-world applications of CSPO training;
- Offer ideas for positively influencing team members; and
- Offer suggestions for continuous improvement.
Campamento de Verano Surf Camp Almerimar 2017 ALMERIAVeleta3000
Campamento de Verano Náutico Jóvenes Ryders Playa Almerimar – Surf Camp Almería. Campamento de Verano para jóvenes Ryders desde los 8 hasta los 17 años que quieran disfrutar de la llegada del verano, desarrollando en la playa de Almerimar, las mejores actividades náuticas, deportivas y de aventura. Surf Camp Jóvenes Ryders
In the over-complex world of consumers’ big data, with the infinite possibilities for the travel & hospitality industries, independent hoteliers have not yet embraced the full technological and strategic potential of traveller data.
Hoteliers are busy making their guests happy, filling their rooms, keeping up with the tech innovations but at the same time, they are missing unparalleled opportunities to win more direct bookings.
In this FREE TLearn webinar from Tnooz and trivago, gain insights into how rates, traveller behaviour while searching for a hotel, and a hotel's online profile affect bookings.
Also, learn about the easy-to-use technology that allows hoteliers to access this data and increase their booking conversion.
Panellists for our FREE TLearn webinar are:
Aly Thompson, industry manager for UK and Ireland, trivago
Kevin May, senior editor and moderator, Tnooz
Linda Fox, deputy editor and producer, Tnooz
This TLearn Webinar took place on THURSDAY 30 MARCH.
MicroMedia - Markkinointia MaaS-palveluna 2017Kimmo Luoma
#Marketing_as_a_Service. Markkinointia hanasta. Rakennamme SLA:n, jolla varmistat kuukausittain riittävän määrän MQL- tai SQL-liidejä. #liidit #fullbound
Quelle stratégie éditoriale pour booster votre performance SEO ? - Petit déj...Peak Ace
Google apprécie les contenus de qualité et ne cesse de le marteler depuis de nombreuses années ! Mais qu’est-ce qui se cache derrière cette notion très subjective de qualité ? Qu’est-ce que Google valorise vraiment ? Est-il possible de quantifier la qualité de vos contenus ?
Du siloing à la sémantique, de l’intention à l’UX, nous verrons comment envisager la création de vos contenus en 2017 et quels sont les vrais leviers à activer !
Intervenant : Yann Sauvageon - Directeur de l'expertise - Search Foresight
Learn how to qualify an investment property, deliberate whether or not to rent or sell, and hack your way into real estate financing in Onerent Owner Investment Network Event 1.
Learn more on how your can save thousands on property management at www.onerent.co/landlords
Nicola Wealth CEO John Nicola provides an introduction to dental professionals on investment strategies that go beyond stocks and bonds, demonstrating the integrated possibilities of true wealth management.
The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that, provided money can earn interest, any amount of money is worth more the sooner it is received.
http://www.freegameplan.co/ Did you ever wish you could fire your boss? Are you looking for a new way to become financially free from all your struggles? Are you ready for the answer to your financial woes? You have come to the right place. Let me show you a way to have residual income for the rest of your life. Yes, enough to leave a legacy for your children and love ones. Your Personalized Game Plan Will:
• Develop a custom 5 to 10 year plan to true financial freedom
.Develop a 6 to 12 month plan for cash flow now
• Reveal how easily you can create positive cash-flow for life
• Uncover 'Hidden Assets' you may not know you already have
• Accurately predict whether your money will outlast you or not
• Offer 3 actionable 'right-now' options to secure your retirement
Schedule your FREE game plan today! There is absolutely no commitment. Nobody will come to your home, the Game Plan interview is done 100% over the telephone, and at a time that is convenient for you.*
http://www.freegameplan.co/
Strongbrook presentation - We'll show you how to buy TURNKEY, CASHFLOWING PRO...Cindy Logan
Most people don't want to learn how to DO real estate. Good news - we do it for you. We find it, fix it and ensure it's rentable. Truly a turnkey, rent-ready, positive cashflow operation for our Investors. www.LeaptoWealth.com
This is the third presentation for the University of New England Graduate School of Business unit GSB711 - Managerial Finance. It explores the time value of money, using examples to help students clarify this concept.
Flipping4profit is Joint venture business where an individiual joins a real Estate program called fliiping4profit and partake in profit-sharing by investing a from as little as $100 which is pooled into a fund,then when a property is bought renovated and sold and profit percentages shared out to members according to amount invested.
"You can download this product from SlideTeam.net"
Presenting this set of slides with name - Corporate Finance Powerpoint Presentation Slides. This PPT deck displays eighty slides with in-depth research. Our topic oriented Corporate Finance Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyze the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. O. It showcases of all kind of editable templates infographics. You can make changes to colors, data, and fonts if you need to. Download PowerPoint templates in both widescreen and standard screen. The presentation is fully supported by Google Slides. It can be easily converted into JPG or PDF format. https://bit.ly/3pEi9qk
Topics discussed by Dr. Peter Linneman:
- Does it all come to an end if interest rates rise?
- Is a recession just around the corner? What warning signs should we look for?
- What does the new Administration and Congress mean for real estate and the economy?
- Audience questions
- And more!
In this presentation, you will learn:
1. How to choose the right crowdfunding site among 100′s of sites
2. What successful crowdfunding sponsors are doing that most aren’t
3. How to position your deal on a crowdfunding site
4. What types of things do you need on your crowdfunding site
5. How to get investors to interact with your crowdfunding site
6. The single most important thing a successful site must have.
We solve real estate financial analysis problems for our clients. With REFM on your side, you can achieve clarity of vision, make smart decisions and present them confidently to your stakeholders. REFM’s expertise in Excel-based modeling for commercial real estate is unmatched. In addition, consulting is offered using REFM’s proprietary Valuate platform.
In this free 30-minute session, we will answer the question: how does a real estate developer know what to pay for a piece of developable land? Participants will learn the basics of real estate development residual land valuation for both income-producing assets and unit sales assets, as well as the principles of valuation through comparable sales (comps). Participants follow along in Excel in real time and perform exercises to ensure they are grasping the lesson and are mastering the technical skills being taught. Participants are able to ask their questions in real time to have them answered by the Instructor on a rolling basis.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2. The Importance of Timing
• Owners generally do not want to spend money before they
absolutely have to.
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• Vendors and service providers generally want to get paid as
soon as possible.
• Investors want to get paid based on the transaction
documents, whose profit‐sharing terms have been
architected based on our investment objectives.
• Internal Rate of Return (IRR) metric depends partly on the
timing of cash flows.
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3. Time Value of Money / Discounted Cash Flow (DCF) Model
• The passage of time introduces the potential for both
positive and negative change in the value of a dollar.
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• It theoretically allows us to invest $1.00 today (Present
Value) and get a positive return on it, so that it would
be worth more than $1.00 in the future (Future Value).
• It also introduces operating, market and credit risks, all
of which could destroy part or all of the value of the
$1.00 we invest.
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5. Time Value Of Money Crash Course
• We agree in theory that $100.00 in hand today is
equivalent to a value greater than $100.00 at some point
in the future (say $104.00 at the end of 1 year), under the
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assumption that the amount by which the $100.00 base
amount is grown (4% over 1 year in this case) is the
appropriate growth estimate.
365 days
Today 4.00% Growth End of
(Time 0) Over 1 Year Year 1:
$100.00 $104.00
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6. Time Value Of Money Crash Course
• If we were to theoretically transport ourselves to the end
of Year 1 and look backwards, to get back to the $100.00
amount at Time 0, we would apply the 4.00% growth rate
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in reverse. This is known as discounting the future
expected cash flow.
365 days
Today 4.00% Reverse Growth End of
(Time 0) (Discounting) Over 1 Year Year 1:
$100.00 $104.00
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7. Time Value of Money / Discounted Cash Flow (DCF) Model
Time Value of Money
4% constant growth rate is assumed
Year 1 Year 2
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Today End of Year 1 End of Year 2
$100 $104.00 $108.16
Today End of Year 1 End of Year 2
Future Value of $100 -- $104.00 $108.16
Future Value Derivation -- $100 x (1 + .04) $100 x (1 + .04) x (1 + .04)
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8. Time Value of Money / Discounted Cash Flow (DCF) Model
Time Value of Money
4% constant growth rate is assumed
Year 1 Year 2
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Today End of Year 1 End of Year 2
$100 $104.00 $108.16
Today End of Year 1 End of Year 2
Future Value of $100 -- $104.00 $108.16
Future Value Derivation -- $100 x (1 + .04) $100 x (1 + .04) x (1 + .04)
‐ How certain are we that we will indeed get these exact cash flows?
‐ What is the likelihood that the 4% constant growth assumption is
wrong?
>> Go To Excel: TVM Timeline and Calculator tab
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9. Time Value of Money / Discounted Cash Flow (DCF) Model
• Just like a company listed on the stock market, an
income‐producing property can be valued based on
the expected value of its future cash flows
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• To properly value these expected future cash flows
today, we discount them to a present value based on
all of the aforementioned risks as they apply
specifically to the contemplated transaction
• These future values are first inflated based on
escalation assumptions (Note that income and expense
assumptions are not necessarily identical)
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10. Real Estate Cycles
• Cycles are prolonged periods of property supply and demand
imbalance
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• Real estate markets are rarely near equilibrium because:
• it takes so long to plan, permit, finance, build and lease new
supply
• inventory is relatively imperishable (bulldozing as a remedy)
• tenancies are governed by leases, often long‐term
• demand grows slowly
• population (around 1%, or 3MM people per year in U.S.)
• employment
• On average, 1.8MM jobs created per year
• ~200 GSF required per office employee
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