You are in the fourth year of working with a limited partner and the attached spreadsheet Download attached spreadsheetshows the current NOI on the deal. Each statement below describes a potential recommendation you should make to the LP to achieve accretive returns. Using the spreadsheet as a reference, determine whether to make the recommendation or not.

Based on a potential terminal cap rate of 3.5%, a 15% increase in NOI and a very active market, you should recommend holding the asset longer.

a) Make the recommendation

b) Don't Make the Recommendation