BUSI 422 Read & Interact Brueggeman & Fisher Chapter 9 solutions complete answers

BUSI 422 Read & Interact Brueggeman & Fisher Chapter 9 solutions complete answers

 

Office tends to be leased for ________.

 

Apartment complexes have leases for ______ time periods relative to warehouses.

 

 tenants often pay less than in-line tenants.

 

With apartment leases, ______.

 

Very large department stores are typically which type of tenant in a retail property?

 

When it comes to CAM charges, ________.

 

NOI stands for      .

 

Noncontiguous space is _____.

 

When developing retail properties, developers often complete a _________.

 

Leases for warehouse properties ________.

 

The monies that are provided to a tenant to improve its space is called ________.

 

Office tend to be ________.

 

Effective rent can be calculated _______.

 

Leases often have in them ________.

 

Which of the following may have rents that change over the life of the lease?

 

A decrease in the supply of units will do what to the rent per unit, all else equal?

 

Businesses are more likely to   real estate rather than own it.

 

Many users of real estate are business firms that try too:

 

A ____________ must be undertaken to determine the level of vacancies, rents, and what new construction is underway.

 

An increase in the supply of units will do what to the rent per unit, all else equal?

 

The majority of real estated used by business firms is:

 

Residential properties include which of the following?

 

An increase in the demand for units will do what to the rent per unit, all else equal?

 

Potential changes in demand and supply create        when investing in property.

 

The economic base of the area a property is located in will impact        rents.

 

Which tenant typically generates more customer traffic at a retail property?

 

When the tenant pays operating expenses, which of the following leases are being used?

 

The majority of real estate used by business firms is:

 

When evaluating an income-producing real estate investment, the statement of cash flows reflects which of the following information?

 

Owners of real estate take risk of developing land in exchange for       .

 

The two major categories used to classify properties are        and       .

 

Many users of real estate are business firms that try to:

 

Which of the following cause risk to investing in a property?

 

When the property owner provides all services and pays all operating expenses, which of the following leases is being used?

 

The price paid by a potential tenant to lease space refers to which of the following?

 

A lease that includes overage rent may        (increase/decrease) the base rent.

 

Potential tenants are searching for locations that provide the highest:

 

A pro forma statement of cash flow computes the net        income.

 

Many users of real estate are business firms that make decisions to increase:

 

Which of the following are discount features for industrial properties?

 

Which of the following are nonresidential properties?

 

The amount of existing space that property owners are willing to lease at different rental rates is expressed by a        curve.

 

Which of the following are not premium features for office properties?

 

Which of the following are premium features for office properties?

 

True or false: Statements of cash flow of income-producing real estate properties ignore lease terms.

 

Leases with many restrictive terms may         future cash flows.

 

Many tenants find        (leasing/owning) to be more cost-effective than        (leasing/owning) when their space requirements are less than the quantity of space they would have to purchase in order to satisfy their needs in a desired location.

 

The effective rent focuses on the income to the        of the property.

 

Given the following net rents for years 1-5 and a required return of 10%, what is the effective rent?

 

A lease will typically include which of the following?

 

True or false: All leases are simple and straightforward.

 

Which of the following are premium features for industrial properties?

 

Which tenant typically has more bargaining power?

 

A property owner will use which of the following to assess the risk of a potential tenant:

 

If the rentable area per floor is 18,000 square feet and the usable area per floor is 14,000, what is the land factor?

 

Tenant         ensures there will also be some loss in rents.

 

Which of the following rents will change at the end of a specified time interval and in a specific amount?

 

Competition and        analysis ensures firms use space in a way that maximizes profits.

 

Which of the following influence demand for apartments?

 

Many commercial properties will have both rentable space and        area space.

 

As rental rates        , the demand for space       .

 

True or false: The type of local employment has no impact on the supply and demand of property types.

 

Apartment complexes have leases for        time periods relative to warehouses.

 

Which of the following are potential concessions an owner may provide a potential lessee?

 

Most businesses treat real estate as which of the following?

 

If a business needs property with many unique features, which are they more likely to prefer?

 

Competition for space results in the highest land        and best development for a site.

 

Supply of properties tends to be fixed in the        run.

 

Real estate has a relatively long economic life. Because of this, it is likely that over time, market rents will:

 

Sales per square foot of rentable space is a key indicator for which type of property?