How to Market Your Hotel or Apartment Building for Sale
How hotels and apartment buildings are marketed to buyers: listed versus off-market sales, the offering memorandum, the data room and qualifying buyers.
Topic
Articles about selling in real estate financing and investment.
15 articles · page 1 of 2
How hotels and apartment buildings are marketed to buyers: listed versus off-market sales, the offering memorandum, the data room and qualifying buyers.
NOI, cap rate, DSCR, occupancy, ADR, RevPAR and GRM explained, with worked examples of how appraisers and lenders value hotels and apartment buildings.
How selling a hotel or apartment building is taxed in Canada and the U.S.: capital gains, recapture, vendor financing, and why a refinance is different.
The terms beyond price that decide a commercial property sale or loan: deposits, conditions, due diligence, closing, representations and loan covenants.
How a sale-leaseback works, why it suits hotels and owner-occupied property more than apartment buildings, and the costs, accounting and tax points to check.
How owners of several properties measure performance, spread risk, and decide what to hold, refinance or sell, with Canadian and U.S. tax points to check.
The main risks in owning, buying, selling or financing commercial property, from rates and tenants to floods and title, and the tools to manage each one.
A step-by-step checklist for owners getting a hotel or apartment building ready to sell: financials, rent roll, condition, documents, tax, pricing and timeline.
What commercial sales brokers, mortgage brokers and property managers do in a sale or financing, how they are paid and licensed, and how to choose one.
What buyers and lenders check before a commercial deal closes: title, survey, environment, zoning, leases, financials and condition, and how sellers prepare.
How interest rates, credit conditions and the property cycle move values, loan sizes and buyer demand, and what owners should check before a sale or refinance.
How a U.S. 1031 exchange works: what qualifies, the 45- and 180-day deadlines, the intermediary, taxable boot, and why Canada has no equivalent.