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RE #178: Chris Powers - Why decisions are made to sell real estate?
The Fort - An Entrepreneurship Podcast
The Reason People Sell
Fort capital usually underwrites every deal on a five to seven year basis. Some groups would rather sell than constantly maintain a property over decades. Funds in particular will sell because there's a limited time horizon they're allowed to hold assets so close in funds have a lifetime ending, and it's in the documents.
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