Does Your Underwriting Adequately Compensate for the Timing of Future Cash Flow? - By Suzanne Mellen

2007-01-25
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  • HVS International Investors are pursuing property turnarounds and repositionings to generate higher yields.

    As hotel markets start to peak and stabilize, and rates of return remain at their historical low, more and more investors are pursuing property turnarounds and repositionings to generate higher yields. Investors well know that net income generated today is worth more that net income generated down the road - and that anticipated future income must be discounted to reflect its present value.

    Click here ( Adobe Acrobat PDF file) to download the complete article.

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