Question
A REIT is currently generating $200 million of rent, $100 million of net operating income, $60 million of net income and $100 million of cash
A REIT is currently generating $200 million of rent, $100 million of net operating income, $60 million of net income and $100 million of cash flow. According to your research, the appropriate cap rate for the REIT's assets is around 5%. What do you think is the market value of the REIT? Express your answers in millions, ie. Enter $1 million as just "1"
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Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Kristin L. Reiter, Paula H. Song
7th Edition
1640551867, 9781640551862
