Preleasing or presales for construction projects. How much will occur before the infusion of equity or takeout

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Preleasing or presales for construction projects. How much will occur before the infusion of equity or takeout of a loan? Preleasing or presales vary according to overall economic conditions. In a strong economy, lower equity and preleasing or presales are required. In a weak economy, 50% equity may be required and 65% to 75% preleasing or presales requested. LO.1 

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