Category: Uncategorized
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Beyond Rent: The Strategic Role of Ancillary Income in Multifamily Underwriting

In today’s high-cost development environment, every dollar of net operating income (NOI) counts. As construction costs remain elevated and interest rates continue to pressure cap rates, multifamily developers and investors are increasingly looking beyond base rent for opportunities to boost asset performance. One area getting more attention in underwriting models: ancillary income. What Counts as… Read more
