Question
Your tenant paid $73,000 in OPEX in 2020. They currently occupy 30,000 SF in a single tenant building. Operating expenses for 2020 were $2.50 PSF.
Your tenant paid $73,000 in OPEX in 2020. They currently occupy 30,000 SF in a single tenant building. Operating expenses for 2020 were $2.50 PSF. You have to reconcile the tenant's escrow balance for 2020. Are they getting a refund or do they owe money? How much are they being refunded or getting back?
They are getting back $2000
They are getting back $3000
They owe $2000
There is not enough information to reconcile the balance
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Handbook Of Asian Finance REITs Trading And Fund Performance
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009861, 978-0128009864
