Question
What does build to a 9 mean?( SELECT all that apply) a. You will build 9 buildings b. Your stabilized NOI divided by your project
What does "build to a 9" mean?( SELECT all that apply)
a. You will build 9 buildings
b. Your stabilized NOI divided by your project costs will equal 9
c. Your going in cap rate will equal the reciprocal of the build to number, or 11%
d. Your going out cap rate will be 7
e. Your "sell to" will be a 7, if there is a 200 basis point spread
f. None of the above
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
