Reasons to sell well performing asset?
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[{"id": "fjhwn5c", "text": "Capital allocation.  Maybe a cash out refi wouldn\u2019t provide the same proceeds. Or maybe there\u2019s LDs that come with a refi but not a disposition.", "replies": [], "depth": 1}, {"id": "fjhxtdq", "text": "Depending on their basis there could be more money to be made in a sale and putting the proceeds in another turn around deal.\n\nAlso when you refinance all of your equity out lenders may require more recourse", "replies": [], "depth": 1}, {"id": "fji04sc", "text": "million reasons to sell, only one reason to buy. Rebalance portfolio, sick of property, divorce, etc. Doesn't mean its a dud.", "replies": [], "depth": 1}, {"id": "fji98of", "text": "People will pay more for well performing assets.  It\u2019s likely they want to free up capital to do another similar deal in the future.  Is this an investor or a developer?", "replies": [], "depth": 1}, {"id": "fjib1gu", "text": "To buy more Tesla (NASDAQ:TSLA)\n\n&amp;#x200B;\n\n(/s)", "replies": [], "depth": 1}, {"id": "fjidlu5", "text": "Well performing assets usually have good, stable returns. A lot of investors are looking for higher returns and are willing to take on more risk to get those returns.", "replies": [], "depth": 1}, {"id": "fjih3c5", "text": "Just to get the cash and retire is one possibility", "replies": [], "depth": 1}, {"id": "fjil2mw", "text": "Maybe to buy a better performing asset?", "replies": [], "depth": 1}, {"id": "fjix85c", "text": "What country?", "replies": [], "depth": 1}, {"id": "fjixfbz", "text": "retirement want no hassles....", "replies": [], "depth": 1}, {"id": "fjj2l62", "text": "Death, Divorce, Disease, Dissolution, and there's one more D word but I can't remember it", "replies": [{"id": "fjjuczk", "text": "Detirement?", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjj4kyj", "text": "What country?", "replies": [], "depth": 1}, {"id": "fjjewyc", "text": "We had an upcoming tax change so saw assets being sold ahead of their intended timetable, so something like that may be a factor?", "replies": [], "depth": 1}, {"id": "fjpves0", "text": "Um where can I find this 8 cap asset that you are talking about, I haven\u2019t seen that shit in like 10 years outside of the big box hotel space. Money is so hot right now everything I\u2019ve seen trade is well inside a 6 on top end (with exception of like NNN deals with like 2 years of term remaining...)", "replies": [], "depth": 1}]