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Would like this answered ASAP PLS 0 You are a Real Estate developer building a smal office tower in Montreal. The construction will take one
Would like this answered ASAP PLS
0 You are a Real Estate developer building a smal office tower in Montreal. The construction will take one year and the units have all been pre-leased The stabilired Niat opening will be $750,000 and comparable cap rates are 6%. The construction lender is willing to finance the project based on the terms and conditions shown below. a) Based on the budget, calculate the custanding construction loan at the end of the year. b) How much equity will you be able to withdraw at the end of the construction period If you take-out a mortgage with the terms and conditions shown below? Please make your calculations to the right of the data on this worksheet Upload your file onto Moodle by the deadline Indicated on the course outline Developing LAN Se preparation Hard cost Professionales Permit Project iting com Other soos 2.000.000 250.000 1.000.000 100.000 75.000 190.000 interest TOTAL 195.000 109,00 100 11.095,000 Cathew The land is purchased and site in the first month. The souting interest dibuted over the 12 months od Theats evenly be month to more flower the end of the month ITC 6. SON SNO Complete 0.000 EN Melan Termend More Max TV MOSCH 10 LON SON 1.25 Step by Step Solution
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