During Macy's first quarter earnings name on Might thirteen, Chief Monetary Officer Karen Hoguet addressed the company's real estate technique, suggesting that some estimates valuing its belongings have been done "over simplistically." In keeping with its final annual report, Macy's property has a e book value of $7.8 billion.

The module develops a complete understanding of the choice-making course of underlining in any real estate resolution and find it transition mechanism to market costs.

However rules of thumb haven't any relevance for skilled actual estate investors to set the purchase value. Text is offered beneath the Creative Commons Attribution-ShareAlike License