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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given

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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given to you is listed below. Required: a. From the above data, develop a pro forma statement for a base year showing net operating income (NOI) for Summer Place. Hint You will need to calculate the base rent, overage rents due to percent rent clauses, CAM recovery, and vacancy loss. Include CAPX in the NOI calculation. Required: a. From the above data, develop a pro forma statement for a base year showing net operating income (NOI) for Summer Place. Hint You will need to calculate the base rent, overage rents due to percent rent clauses, CAM recovery, and vacancy loss. Include CAPX in the NOI calculation

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