What is the driver of a real estate asset's value in the space market? A) Sale price B) Capitalization rate c) Cash flow from leases D) All answers are correct Which of the following describes the role of an asset manager? A) An asset manager collects rents and maintains the property B) An asset manager focuses on maximizing the value of the property C) An asset manager enforces the rules, regulations, covenants, and by-laws D) An asset manager deals with resident, tenant, and/or guest issues What category of risk is best exemplified by a group of first-time property investors who have never met but who come together as part of a crowdfunding arrangement to purchase an office complex? A) Non-systematic risk B) Entity-level risk C) Systematic risk D) Asset-level risk