How to value billboard easements (Billboard Insider)
Landowner’s don’t use multiples of revenue or cash flow to estimate the value of billboard easements. They typically use capitalization rates because that is the metric that they are used to using in their other property transactions. Landmark’s recent listing had easements priced at cap rates of 5% – 6% for excellent sign locations in Los Angeles. […]
Thu, Mar 22, 2018 at 3:33 PM