Question: Lease, financing and market data are shown below. a ) Based on the budget, calculate the oustanding construction loan at the end of construction. b

Lease, financing and market data are shown below.
a) Based on the budget, calculate the oustanding construction loan at the end of construction.
b) The developer plans to take-out a mortgage at the end of construction, when the lease starts. How much equity will she be able to withdraw?
Please make your calculations to the right of the data on this worksheet.
Grade (out of 10):
Lease, financing and market data are shown below. a) Based on

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