{"id":1004071087,"date":"2013-04-17T11:37:00","date_gmt":"2013-04-17T19:37:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004071087"},"modified":"2022-12-08T20:00:09","modified_gmt":"2022-12-09T04:00:09","slug":"sleep-or-sell-factors-that-shape-your-investment-decision","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/","title":{"rendered":"Sleep or Sell: Factors that Shape Your Investment Decision"},"content":{"rendered":"<p><em>By Greg Hartmann,\u00a0\u00a0Executive Vice President, Jones Lang LaSalle Hotels<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004071094\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/hartmann-greg\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg\" data-orig-size=\"336,394\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Hartmann Greg\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg?w=336\" class=\"alignleft size-thumbnail wp-image-1004071094\" title=\"Hartmann Greg\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>In recent years it has become clear that determining real estate value is not just about the anticipated cash flow measured against perceived risk, but a matter of supply and demand as well. The current imbalance of high demand for hotel assets (buyers) and minimal supply of hotel product (sellers) drives value as much or more than the forecast and cap rate methodology.<\/p>\n<p>For several years, a large amount of equity has been slated for hotel investments. Public REITS, which typically use more constrained levels of leverage, benefited from the low cost of equity capital during the first half of 2012, and are again in a strong position to acquire assets in 2013. However, the difference today is that with the re-emergence of debt availability for hotel acquisitions, private equity groups can now leverage their own equity to justify cap rates below eight percent. This allows them to join the growing list of hotel competitive bidders.<span style=\"font-size: 13px;line-height: 19px\">\u00a0<\/span><\/p>\n<p>Private equity, combined with eager off-shore investors seeking assets in the U.S. has created the perfect storm for a sellers\u2019 market. \u00a0This led to a record number of hotel transactions for Jones Lang LaSalle at the end of 2012, and also resonated throughout the industry as evident below:<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004071099\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/investment-chart-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png\" data-orig-size=\"576,341\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Investment chart\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png?w=576\" class=\"aligncenter size-full wp-image-1004071099\" title=\"Investment chart\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png\" alt=\"\" width=\"576\" height=\"341\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png 576w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Investment-chart1.png?resize=300,178 300w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004071098\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/jll\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png\" data-orig-size=\"469,366\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"JLL\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png?w=469\" class=\"aligncenter size-full wp-image-1004071098\" title=\"JLL\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png\" alt=\"\" width=\"469\" height=\"366\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png 469w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/JLL.png?resize=300,234 300w\" sizes=\"auto, (max-width: 469px) 100vw, 469px\" \/><\/a><\/p>\n<p>With the elections behind us and the threat of capital gain increases a clear reality; it appears that many hotel owners are currently resigned to holding onto their properties and riding the growth wave to increase their asset values. A bright future for the performance of hotels based on strong fundamentals of a growing economy (sequestration aside) and minimal new inventory, leads\u00a0most owners to conclude that holding their asset is their best alternative. However, well-positioned, well-branded, well-performing hotel assets can only improve so much with just ADR growth to propel performance.<span style=\"font-size: 13px;line-height: 19px\">\u00a0<\/span><\/p>\n<p>Owners looking to maximize returns must consider the facts, and keep in mind that inflation and interest rates have never been lower. At some point sellers will come to this realization at once, inflation and interest rates will rise and price\/value will decline. Those who get in front of this trend can benefit from immediately maximizing value on their existing performing assets.<\/p>\n<p>In particular, investors with assets in gateway and urban select service markets can reinvest those funds in underperforming secondary and suburban markets, or into resort assets that have more upside in occupancy and performance growth in the future. While income growth has a fundamental benefit to value, a market that numbers five to ten buyers for every seller is the fundamental that Adam Smith would suggest is what truly drives value in the marketplace. As appraisers, we must make sure to reflect this dynamic of the current marketplace in our hotel valuations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Greg Hartmann,  Executive Vice President, Jones Lang LaSalle Hotels: In recent years it has become clear that determining real estate value is not just about the anticipated cash flow measured against perceived risk, but a matter of supply and demand as well. <\/p>\n","protected":false},"author":1490,"featured_media":1004071094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004071087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sleep or Sell: Factors that Shape Your Investment Decision - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sleep or Sell: Factors that Shape Your Investment Decision\" \/>\n<meta property=\"og:description\" content=\"By Greg Hartmann, Executive Vice President, Jones Lang LaSalle Hotels: In recent years it has become clear that determining real estate value is not just about the anticipated cash flow measured against perceived risk, but a matter of supply and demand as well.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-17T19:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:00:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"336\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Hartmann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/\"},\"author\":{\"name\":\"Greg Hartmann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d76706d31bcb327d5a7f8c61b9481102\"},\"headline\":\"Sleep or Sell: Factors that Shape Your Investment Decision\",\"datePublished\":\"2013-04-17T19:37:00+00:00\",\"dateModified\":\"2022-12-09T04:00:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/\"},\"wordCount\":469,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/Hartmann-Greg.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/\",\"name\":\"Sleep or Sell: Factors that Shape Your Investment Decision - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/Hartmann-Greg.jpg\",\"datePublished\":\"2013-04-17T19:37:00+00:00\",\"dateModified\":\"2022-12-09T04:00:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d76706d31bcb327d5a7f8c61b9481102\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/Hartmann-Greg.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/Hartmann-Greg.jpg\",\"width\":\"336\",\"height\":\"394\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sleep-or-sell-factors-that-shape-your-investment-decision\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sleep or Sell: Factors that Shape Your Investment Decision\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d76706d31bcb327d5a7f8c61b9481102\",\"name\":\"Greg Hartmann\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g\",\"caption\":\"Greg Hartmann\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/greghartmann\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sleep or Sell: Factors that Shape Your Investment Decision - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/","og_locale":"en_US","og_type":"article","og_title":"Sleep or Sell: Factors that Shape Your Investment Decision","og_description":"By Greg Hartmann, Executive Vice President, Jones Lang LaSalle Hotels: In recent years it has become clear that determining real estate value is not just about the anticipated cash flow measured against perceived risk, but a matter of supply and demand as well.","og_url":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-04-17T19:37:00+00:00","article_modified_time":"2022-12-09T04:00:09+00:00","og_image":[{"width":336,"height":394,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","type":"image\/jpeg"}],"author":"Greg Hartmann","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/"},"author":{"name":"Greg Hartmann","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d76706d31bcb327d5a7f8c61b9481102"},"headline":"Sleep or Sell: Factors that Shape Your Investment Decision","datePublished":"2013-04-17T19:37:00+00:00","dateModified":"2022-12-09T04:00:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/"},"wordCount":469,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/","url":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/","name":"Sleep or Sell: Factors that Shape Your Investment Decision - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","datePublished":"2013-04-17T19:37:00+00:00","dateModified":"2022-12-09T04:00:09+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d76706d31bcb327d5a7f8c61b9481102"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","width":"336","height":"394"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/sleep-or-sell-factors-that-shape-your-investment-decision\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Sleep or Sell: Factors that Shape Your Investment Decision"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d76706d31bcb327d5a7f8c61b9481102","name":"Greg Hartmann","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/103551b373d9a57d9cbdb469b6c71ac455886c7afdb8303faf41054d722c57f2?s=96&d=mm&r=g","caption":"Greg Hartmann"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/greghartmann\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/04\/Hartmann-Greg.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004071087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1490"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004071087"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004071087\/revisions"}],"predecessor-version":[{"id":1004626937,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004071087\/revisions\/1004626937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004071094"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004071087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004071087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004071087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}