Retail Value sells Florida property for $62.3M
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Step. Use the gross rent multiplier. It is a more accurate and useful tool for determining commercial property values. Information needed to perform this calculation includes the annual gross rental income multiplied by the number of years the buyer believes it will take to pay for the purchase.
Find your new place. Retail Solutions Advisors (RSA) specializes in commercial real estate leasing and property management throughout Florida. Our seasoned team members are well-versed in the market and value service over sales.
Retail Value (NYSE:RVI) sold Homestead Pavilion in Homestead, FL, for $62.3M and net proceeds were used to repay mortgage debt associated with RVI. After the transaction, RVI owns interests in 20.
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Retail Value Inc. is offering for sale a pair of retail properties in Orlando, Fla., that could sell for a combined $90.5 million. The Beechwood, Ohio, REIT is bringing to the sales market Millennia Plaza, with 411,503 square feet, along with the 191,885-sf International Drive Value Center.
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"I’m really not excited about our stock price. and eventually a SELL. At a high level, I like commercial mortgage REITs and I have become a better equity REIT investor because I have paid close.
Retail Value Inc. owns and operates a portfolio of retail real estate assets located in the continental United States and Puerto Rico.. Retail Value sells Florida property for $62.3M. RVI Announces Sale of Homestead Pavilion: May 24: Retail Value sells Wisconsin property for $19.5M: May 23.
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