The Source Fall 2012

Evaluating Office Buildings… Over the Phone
By John Odegard, CEO, Seattle Funding Group

How do you arrive at value on a deal like this? Income won’t get you there, its 60% vacant. Is it really worth $6 million? Will the buyer really be able to refinance in 12 months with a traditional lender? What question should you ask? Let’s analyze this… over the phone.