Contents
- Overview
- Key points
- Sources
Veteran Real estate investors Isaac Toussie and Amit Yonay appear to have identified an anomaly in US Stock Market — Class A Office buildings can be purchased at 1/3 their value via the stock market as shown by cap rates, replacement costs, and comparable sales.
Manhattan's office market is in a very unusual place right now, where some of the city's most iconic buildings are effectively being discounted in plain sight.