1.In Chapter 17 of the textual content, the authors talk about the function of a “Resort Sponsor”. What’s a Resort Sponsor within the context of an actual property transaction?
2.Describe what Debt is, the way it results money circulation, and the dangers to each the lender and the debtor.
three.What’s the distinction between Most well-liked Fairness and Frequent Fairness?
four.When designing a capital construction, record and describe three necessary issues.
5.Within the textual content chapter 15 on the Lenders view of threat and reward, the authors famous three attributes of lodge actual property that makes motels a riskier asset than different types of business actual property. Describe these attributes
6.Checklist and describe three sources of fairness capital within the lodge actual property market.
7.Why will lenders lend solely a sure share of the worth of a transaction?
eight.Describe Mezzanine Debt (or Fairness).
9.Describe fairness funding and the dangers of those investments for each the investor and the capital construction.
10.Within the Video Lecture on Fairness returns instance, clarify the 2 elements of the return on fairness to the traders. The place do they arrive from? What was the typical annual share return for the 7 yr interval?