A key concept is local supply-and-demand underwriting: before trusting the purchase price, cap rate, or projected returns, ask whether the facility’s trade area actually has enough unmet demand to support the rents and occupancy you are assuming.
A key concept is local supply-and-demand underwriting: before trusting the purchase price, cap rate, or projected returns, ask whether the facility’s trade area actually has enough unmet demand to support the rents and occupancy you are assuming.
