CRE Quiz

Which of the following is NOT a benefit of commercial real estate

• Depreciation

• Cost Segregation Study

• Hedge Against Inflation

• 1039 Exchange

• All of the following are benefits

In regards to a CAP rate what does the Seller prefer?

• A lower cap rate so the property is valued higher.

• A lower cap rate so the property is valued lower.

• A higher cap rate so the property is valued higher.

• A higher cap rate so the property is valued lower.

How many days for a 1031 Exchange?

• 45 days to identify the properties and an additional 180 days to close on the properties.

• 45 to identify the properties and 180 days to close on the properties.

• 45 days to identify the properties and an additional 135 days to close on the properties.

• 45 days to identify the properties and a total of 135 days to close on the properties.

What does the acronym "LOI" stand for?

• Letter of Intent

• Lease on Income

• Leverage on Interest

• Lowering of Interest

• Listings on Internet

What does "Phase 1" generally consist of?

• Financing

• Agency

• An Environmental Site Assessment

• Viewing Properties & Negotiation

Which Asset Class is interested in the RevPAR?

• Office

• Retail

• Hospitality

• Industrial

On a triple net lease (NNN) what items will be the tenants responsibility?

MARK ALL THAT APPLY!!!

• HOA Fees

• Utilities

• Repairs

• Mortgage Payments

• CAM Fees

If a property has a NOI of $500,000 and a cap rate of 5% is used what is the value of the property

• $10,000,000

• $20,000,000

• $2,500,000

• $25,000,000

• $5,000,000

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