Prepare Yourselves... 2021 AEs
#1621
Out of curiosity, I went to look at the Jan 2020 AE that got cancelled that was pretty huge. it had 102 WB A's, plus 20 ER A's, plus 304 NB A's. That's a total of 426 A's. There was a lot of movement on that bid, including (I think, didn't count) hundreds of WB B's as contingent vacancies that weren't even posted as open.
The previous MOAB was March 2019, it had 648 A"s, 200 of which were WB A's.
If this, or rumored numbers up to 800A's on this upcoming April AE are true, it will have epic movement. It really all depends on how much they open the aperture for the WB A's, and the associated cascade. I suspect they may be a little conservative, and hold some WB A's back for now, as they wait and see how Int'l comes back.
As Always, BWYWWWYB. And Just because there is no vacancy, does NOT mean there won't be slots to fill in that category.
The previous MOAB was March 2019, it had 648 A"s, 200 of which were WB A's.
If this, or rumored numbers up to 800A's on this upcoming April AE are true, it will have epic movement. It really all depends on how much they open the aperture for the WB A's, and the associated cascade. I suspect they may be a little conservative, and hold some WB A's back for now, as they wait and see how Int'l comes back.
As Always, BWYWWWYB. And Just because there is no vacancy, does NOT mean there won't be slots to fill in that category.
#1623
But that 3% will be a good thing to have because they will be few and far between once the inflation starts.
#1624
Non-recourse debt secured by income producing real estate puts the yoke of that debt onto the shoulders of the tenants. Providing housing via a 100 unit apartment community where the average tenant is spending 30% of their working hours paying rent is the equivalent of having 30 employees working for you full time. Talk about shifting the burden of debt...
Long term fixed rate debt is one path to wealth when it's funded by an asset that covers the debt service.
#1626
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,067
The stock market did just fine under Obama. In fact, it did better than under Trump. I think it'll do just fine with your new boogie man
#1627
#1630
Gets Weekends Off
Joined APC: Feb 2018
Posts: 377
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