OTCPK:NNVUF - Post by User
Post by
DanielDarden123on May 27, 2020 10:50am
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Post# 31077797
A Raging Debate
A Raging DebateWith consents from NVU’s Lender’s still required, CMHC’s level of cooperation is vital to the result. Recalling that Starlight et al is offering a premium to pre-Covid NAV/ u, the degree of revaluation since is being debated with money. What is the impact on cap rates and NOI??? CMHC must answer that question before consenting to the transfer of mortgages.
Loan to Value (LTV) metrics are changing. The current portfolio has a reported D/GBV >50%, but what ratio is expectable to CMHC going forward? The purchasers may need to pony up some cash at the finish line. Will they? That’s another debate.