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      05-25-2016, 11:36 AM   #21084
ASBSECU E93
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Drives: 2010 335d; 2008 135i
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Originally Posted by Aatish
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Originally Posted by ASBSECU E93
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Originally Posted by Mywifes335
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Originally Posted by ASBSECU E93 View Post
Or - targeted markets with exponential growth.

I am evaluating 2 large deals in Charlotte right now....

Occupancy Rate and RevPAR are off the charts.
Is there that much inefficiency in the market that these aren't baked into the price? There must be a huge premium right?
It's the demand in the market....occupancy is 20 BP above national static average.

One deal is owner/operator

One deal will be managed as Aatish has outlined.

Both generate significant cash flow to service debt, and I'll covenant distributions against a negative DSC impact, plus limit borrowing entity against securing other debt or acting as a Corp guarantor.

Saturation isn't a concern.
Also, as you may know, every property is different.
True - location, location, location....

Both are located less than 3 miles from one of the busiest airports in the southeast.
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