Bid-Ask Spread
| Q3 2009 NY Metro | ||||
| Asset | Unit |
Bid |
Ask |
Spread |
| Multi-Family NYC Market Rate | Per Apartment |
$500,000 |
$700,000 |
$200,000 |
| Multi-Family Brooklyn Market Rate | Per Apartment |
300,000 |
400,000 |
100,000 |
| Multi-Family NJ | Per Apartment |
75,000 |
90,000 |
15,000 |
| Office | Per Apartment |
N/A |
N/A |
N/A |
| Suburban Office | Per Apartment |
N/A |
N/A |
N/A |
| Retail - Credit Anchor | Per Apartment |
N/A |
N/A |
N/A |
| Strip Center | Per Apartment |
N/A |
N/A |
N/A |
| Industrial | Per Apartment |
N/A |
N/A |
N/A |
| Hotel | Per Apartment |
75,000 |
120,000 |
45,000 |
Source: Mortgage Equicap, LLC
