1. If I want to build to a 10, and my NOI will be $9 MM and my land costs are $20 MM, hard construction costs are $60 MM, what can my financing and interest costs not exceed? . $20 b. $15 c. $10 d. Depends on the tax rate Cannot be solved with the information given . f. Financing costs are not typically considered for build-to calculations g. None of the above 2. If I have a 100,000 sf building that has a 25% loss factor and gross rents are $1.50 psf, what are my net rents psf? a. $150,000 b. $1.5 c. $75,000 d. $2.00 e. There is not enough information to solve this f. None of the above