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You have been presented with the following set of financial statements for National Property Trust, a REIT that is about to make an initial stock

You have been presented with the following set of financial statements for National Property Trust, a REIT that is about to make an initial stock offering to the public. This REIT specializes in the acquisition and management of warehouses. Your firm, Blue Street Advisors, is an investment management company that is considering the purchase of National Property Trust shares. You have been asked to prepare a financial analysis of the REIT.
\table[[\table[[National Property Trust],[Panel A. Operating Statement Summary]]],[Net revenue,Q,$115,000,000
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