5. Question 5 Which of the following statements on Purchase Commitment is WRONG? 1 / 1 point Lender require the developer obtain a commitment-to-purchase agreement from future operating owner It brings…
9. Question 9 What does negative expected value mean? 1 / 1 point The project should proceed The project should not proceed The project should proceed if IRR is positive…
6. Question 6 Which index does the sponsor care about most? 1 / 1 point NPV IRR Cap rate None of the above
4. Question 4 Who are typical construction lenders? 1 / 1 point Local banks and S&L’s National Real-Estate Development Lenders Crowdfunding All above
3. Question 3 Which of the followings is ineligible development cost? 1 / 1 point Attorney’s fee Permit fee Contingency cost All above
2. Question 2 Drawbacks of financial leverage include: 1 / 1 point Increases risk of bankruptcy Reduce flexibility Additional supervision from lender All above
1. Question 1 Which of the followings is a method of risk analysis? 1 / 1 point Scenario Analysis Probability-weighted Scenarios Monte-Carlo Simulation All above
3. Question 3 While finding sale price using a comparable method,what was the per square foot cost of some of the comparable buildings? 1 / 1 point $1145.83 $1135.33 $1034.46…
5. Question 5 What is the lowest return the project can get across all scenarios in both the methods of evaluation ? 1 / 1 point -4% 5% -2% …
2. Question 2 What is the % of Gut Rehab Cost of the total project cost? 1 / 1 point 34.43% 37.14% 33.89% 35.23% Total Gut Rehab…
