Levered Equity
This section evaluates how financing choices shape historical benchmark outcomes using NCREIF data.
It highlights when leverage added value or destroyed value and how sensitive results are to period selection and capital structure.
Choose period start and end dates from 03/31/78 to 09/30/25, select a property subindex, pick a rate base, set a debt spread and leverage ratio, and view the impact on returns, cost of debt, volatility, and the share of positive leverage periods.