The Alliance Intelligence AI² Accredited Investor Newsletter

The Alliance Intelligence AI² Accredited Investor Newsletter

The Simple (But Not Easy) Business of Commercial Real Estate Deal Making

Applying the Four Pillars in Today’s Market Where Everything is Anything But Certain

Ben Reinberg | Alliance Fund's avatar
Ben Reinberg | Alliance Fund
Aug 26, 2025
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Commercial real estate investing has always rested on four essential pillars: Cash Flow (NOI), Depreciation, Leverage, and Appreciation. These pillars haven’t changed in decades. What has changed is the market backdrop in which investors must apply them.

Today’s environment is defined by a wall of maturing CMBS debt, high interest rates compared to the l…

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© 2025 Ben Reinberg | Alliance Consolidated Group of Companies, LLC
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