Si have a hotel development that's financing is taking a land lease as part of its return, as it is a equity conversion- really a slight way of proposing equity, as it incombers the property rather than the hotels operation. Though it is a payment based on income of the hotel after all costs - like a NNNN residual payment.
Hi Spencer, in version 0.85, on Summary tab line 35 I turn on "Ground Lease Valuation Module", but could not see the GL tab show up.
Si have a hotel development that's financing is taking a land lease as part of its return, as it is a equity conversion- really a slight way of proposing equity, as it incombers the property rather than the hotels operation. Though it is a payment based on income of the hotel after all costs - like a NNNN residual payment.
Hey Spencer I have a question regarding residential development. Do you have a number or email where I can reach you
Spencer How can I get a copy of your all in one model
You can find the model here: www.adventuresincre.com/all-in-one-underwriting-model-for-real-estate-development-and-acquisition/