To go back to our first principles, we’ve got three components: time value money, opportunity cost and risk. Those are all in our desired discount…

Would a hungry entrepreneurial real estate investor that really needs to gain traction with investors look at a 5% cap rate as attractively as a…

When we go back to critical thinking, we have to consider what the property is. Is it a retail building, a motel, a hotel or…

Finance principles are a category of mental models used when assembling a pro forma. These include the time value of money, which is effectively how…

The pro forma is a financial valuation analysis framework that basically tells you what the property is worth based on whatever you’re going to do…

Investing, developing and managing commercial real estate is all about critical thinking by continually asking: “What is it? Why? And then what are these resulting…