Deal of the Week: Baltimore Get ready! The player with the highest score in the fastest time wins $200! Competition ends at 5pm ET. Question Title * 1. Name: Question Title * 2. Email: Question Title * 3. What is your Project Destined city or partnering organization? New York Los Angeles Detroit Atlanta London Baltimore Management Leadership for Tomorrow Other (please specify what PD Squad you are!): Question Title * 4. Payment Info Cash App: PayPal: Venmo: Question Title * 5. What type of real estate provides workspace for a business’s employees? Retail Multifamily Office Industrial Question Title * 6. Which type of acquisition has existing income and no need for significant improvements? Core Value-add Opportunistic Question Title * 7. Which real estate player is responsible for providing debt? Investor Bank Lawyer Broker Question Title * 8. Which real estate player is responsible for providing sales comparables? Developer Contractor Architect Broker Question Title * 9. Market A is a popular city with great infrastructure, a strong economy, and a booming tourism industry. Market B is an up-and-coming city with a strong economy but high levels of crime and unrest. Which market most likely has a higher cap rate? Market A Market B None of the above Question Title Project More Offering Memorandum Question Title Question Title Question Title Question Title Question Title * 10. Using the income approach, what is the property’s value? $751,674 $690,244 $699,012 $691,817 Question Title * 11. What is the property’s annual vacancy loss? $14,547 $13,125 $14,400 $9,325 Question Title * 12. Using the sales comp approach, what is the property’s value? $635,911 $518,613 $564,749 $702,576 Question Title * 13. Based on the financing proposal, what is the annual interest payment? $20,674 $18,987 $21,012 $19,817 Question Title * 14. Based on the sales comps, what is the market price per square foot? $77 $61 $59 $43 Question Title * 15. What is the property’s net operating income? $58,724 $69,057 $51,324 $62,191 Question Title * 16. At 70% LTV, what would be the property’s loan principal? $591,500 $354,000 $470,500 $608,000 Question Title * 17. Based on the current vacancy rate, what is the property’s net rent? $111,900 $103,400 $98,045 $97,500 Question Title * 18. What is the property’s price per unit? $105,625 $95,700 $118,545 $102,725 Question Title * 19. Based on the financing proposal and the current NOI, what is the property’s debt service coverage ratio? 3.25x 2.14x 3.28x 2.94x Done #PDSQUAD
