Question: What does build to a 9 mean?( SELECT all that apply) a. You will build 9 buildings b. Your stabilized NOI divided by your project

What does "build to a 9" mean?( SELECT all that apply) a. You will build 9 buildings b. Your stabilized NOI divided by your project costs will equal 9 c. Your going in cap rate will equal the reciprocal of the build to number, or 11% d. Your going out cap rate will be 7 e. Your "sell to" will be a 7, if there is a 200 basis point spread f. None of the above

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