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Using a going in or direct capitalization rate approach to value, how would you estimate value for the a property where 50% of the property
- Using a going in or direct capitalization rate approach to value, how would you estimate value for the a property where 50% of the property is vacant in year 1 but is forecasted to achieve 100% occupancy in year 2 after having expended TIs and LCs to lease the vacant space.
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