I did see that property was re-assessed in 2023 (presumably after the last sale) and the AV increased by 50% and the taxes nearly tripled!

very nice breakdown of the Chicago market as well as the class a vs class c buildings performance over time with real portfolio data.

Cities with high growth AV not %(skewed) that could attract more than one industry.

The shift in AV vs % in P&I clearly changes depending on house price.Obviously, some markets act the way they do due to incredible scarcity coupled with raging demand.

How good your property manager is will make a bigger difference than city A vs B.

If I were writing my post again I would clearly define this concept at the start since many investors don't understand this and I was just assuming they all did.If I were evaluating Class A vs Class C I would figure out the amount I need to put down to cashflow and then run an ROE calculation on both. 

Occupancy (%)42%36%30%45%48%46%39%50%Av.

Hell, the stock market had a waterfall decline in April because of the tariff announcement, and everyone thought the market wouldn't recover because the Fed wasn't going to unleash liquidity, but it was a V-shaped rebound.

They won’t wait (nor even try) for the value to rise enough for the LP to recover anything.Bottom line is I think that a large portion of deals that have a loan maturity in the next few years will ultimately result in a wipeout of investor equity if LTVs (at today’s value) are high, unless there is a V shaped recovery in values, which I think is doubtful (but I could certainly be wrong).

When you look at any market individually and comapre the properties in the A vs.