You own a property that has been performing reasonably well for a number of years. But let’s face it, a few things have happened in the past 24 months. We’ve gone through a protracted pandemic, we have experienced supply chain disruptions, and a substantial period of very high inflation.
It’s probably been a while since you refreshed the entire financial model for that property since you acquired it a number of years ago.
In fact, you have probably evolved your spreadsheet for your financial model since you first went through the underwriting process for the property.
The question is simple, if you were to analyze that same property today with today’s market conditions what has changed?
Host: Victor Menasce