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Question
Which age trends are most favorable for economic growth?
i) Birth rate < replacement
ii) Birth rate > replacement
iii) Average age increasing
iv) Average age decreasing
a) i,iii
b) ii,iii
c) i,iv
d) ii,iv
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Under GAAP accounting commercial properties are depreciated over a 39 year life. Do you agree with this accounting treatment? Explain the basis for your answer. Can you suggest an alternative method?
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General
An office building has 10,000 square feet. Average rent is $20 per foot. Average operating expenses are $10 per foot. The average expense stop is $6 per foot. Every fifth year a 5,000 square foot tenant comes up for renewal and it costs $25 per foot to replace the tenant (leasing commissions and tenant allowance). Non revenue generating capital expenditures is $1 per foot per year. What is the stabilized pre tax cash flow?
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Depreciation
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Adjustments to NOI: Vacancy Loss
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a) Base Rent.
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If LTV increases and debt service coverage decreases what is the impact on the cost of debt? a) decreases b) remains the same c) increases d) no impact
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You believe your property is reaching peak cash flow potential. You can sell an equity joint venture interest to a pension fund or increase the amount of the first mortgage outstanding. What are the implications of each of these choices? You read an article in the local paper about a new development that threatens the market dominance of your property. Does this change your choice of financing?
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Characteristics of Reg D offerings generally include all of the following except:
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c) Less than 35 investors
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Substantial economic effect does not require
a) pro rata allocations
b) allocations that are reflected in capital accounts
c) liquidations in accord with capital accounts
d) restoration of deficit capital accounts
Q:
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Q:
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Q:
Introducing new business practices to a market is called X and generates Y
i) market transparency
ii) first mover advantage
iii) technology transfer
a) i,iii
b) i,ii
c) ii,iii
d) iii,ii
Q:
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True or False
Q:
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i) job creation tax credit
ii) access to lower cost capital
iii) moving allowance
iv) tenant allowance
v) lease buy-out
a) i,ii,iii
b) ii,iii,iv,v
c) i,iii
d) ii,iv
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Which is not a factor in choosing a corporate location?
a) access to transportation
b) sufficient utilities
c) availability of skilled labor
d) availability of greenhouse gasses
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Which is a method used by corporations to reduce the amount of property on the companys balance sheet?
a) sale-leaseback
b) industrial development bond
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d) enterprise zone
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Hyper Development Company builds and sells condominiums at vacation destinations on three continents. An investment banker recently proposed that Hyper restructure as a REIT. What could they have been thinking?
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Put the stages of the land development process in the proper order: a) Contact Broker, Option, Development, Sales b) Contact Broker, Development, Option, Sales c) Development, Contact Broker, Sales, Option d) Option, Contact Broker, Sales, Development
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Which tranche takes the greatest risk in CMBS?
a) Residual
b) Senior
c) Subordinated
d) PSA
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Q:
Five years ago you invested in a brand new 100,000 square foot office building. The building was fully leased to great tenants with 10 year leases. You financed your purchase with a ten year mortgage at a rate that would be considered high in todays market. You can refinance today and get a new ten year loan at a lower rate. You will however be required to pay your current lender a steep prepayment penalty. You can also wait until the loan comes to term and repay the loan without any penalty. This was your plan until you recently read about a brand new office park being discussed for the old farm just a mile down the road. Coincidentally, this development, if built, could open just as your tenant leases are coming up for renewal. What are your thoughts?