This month's Financial Strategies column in Properties Magazine continues a discussion that begin in the March issue. The topic for both months was Internal Rate of Return. In March, we gave some framing to the concept of IRR, explaining what it is and how it is used. And in the April issue, we tackle some of the shortcomings ...
One of the most valuable tools in the commercial real estate investor's tool belt is internal rate of return (IRR). If you've spent any time in the world of real estate investment, you have undoubtedly heard this term. But just what is IRR and what does it measure? In this month's Property magazine's Financial Strategies column, IRR takes center stage in the discussion. By using several examples, the concept behind IRR is explained, as well as how ...
Slowly but surely, Cleveland's real estate investment market is beginning to creep back to life. The sales volume has been steadily increasing, there are more buyers in the market and the lending environment is starting to come around. But along with this increase in activity comes some interesting paradoxes. Paradoxes like two buildings that are right next to one another, with one selling for nearly 30 percent more than its neighbor. Paradoxes ...
