Question 17 0.38 pts a During a property visit to evaluate the potential purchase of a property, which of the following is an activity that would usually not take place? Submitting an offer Asking questions of the broker Touring competitive hotels Becoming familiar with key demand generators Question 18 0.38 pts Which of the following is not a common source of debt capital for hotel owners? Loans from commercial banks and life insurance companies CMBS loans Operating partnericans Meczanine lom Question 19 0.38 pts Which of the following is not part of the initial screening of a hotel property for purchase? Signing a confidentiality agreement Reviewing the offering memorandum Hiring physical due diligence experts 1 None of the above Question 20 0.38 pts What activities typically take place during the due diligence period? Conducting inspections by engineers Meeting with the property's management team Both A&B None of the above