Private market values
based on real-world sales conducted on sites such as Craigslist and Ebay
When a sellers scans book ISBNs, the Bookseller app provides real-time buyback offers from reputable online vendors, as well as the book's private market values
, so that sellers know how much they can expect to earn by selling their used books on sites such as Craigslist and Ebay.
Private market values
for luxury hotel properties far exceed public market valuations;
Furthermore, the investment manager's outlook states that the likely degree of decline in private market values
is more than fully reflected in the pricing of REIT stocks today.
private market values
so sellers know what they can expect to earn by selling their used books on sites such as Craigslist and Ebay
And all this should also convince market participants that private market values
are well higher than public trading prices, and that private market players can be and are much more aggressive.
The portfolio includes investments in energy infrastructure, cell towers, self-storage and distribution facilities, as well as residential mortgage bonds, non-performing loans, and investments in catalyst-driven public equities that offer access to underlying assets at discounts to private market values
At the same time, outside investors, ranging from opportunity funds to private real estate developers, see opportunity in the gap between the Wall Street valuations for REITs and the private market values
of the assets held by REITs.
Future earnings are modelled, with private market values
estimated through ratio analysis.
For the Touchstone Large Cap Fund, TLC will seek financially stable large-cap companies that it believes are consistently generating high returns on unleveraged operating capital, run by shareholder-oriented management, and are trading at a discount to their respective private market values
The Fund is subject to the risk that the portfolio securities' private market values
may never be realized by the market, or that the portfolio securities' prices decline.
CenterSquare also noted that in past market cycles, recovery of private market values
have lagged that of public real estate market values.