real estate quizmaster
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Real Estate QUIZMASTER. Definitions. Analytical. The Cycle. Numerical. Miscellaneous. 100. 100. 100. 100. 100. 200. 200. 200. 200. 200. 300. 300. 300. 300. 300. 400. 400. 400. 400. 400. 500. 500. 500. 500. 500. Real Estate QUIZMASTER. Definitions. Analytical. - PowerPoint PPT PresentationTRANSCRIPT
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Real Estate QUIZMASTER
100 100 100 100 100
200 200 200 200 200
300 300 300 300 300
400 400 400 400 400
500 500 500 500 500
Definitions Analytical NumericalThe Cycle Miscellaneous
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Real Estate QUIZMASTER
100 100 100 100 100
200 200 200 200 200
300 300 300 300 300
400 400 400 400 400
500 500 500 500 500
Definitions Analytical Numerical MiscellaneousThe Cycle
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 100
The sum of all newly leased space is called _______ Absorption
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 200
Class ___ property has rents in the upper 60% of the market sector’s range
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 300
The percentage of the total usable space to the total gross space in thebuilding
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 400
_______ lending is when a lender only has recourse against the property and not against any personal assets
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 500
The percentage of space on a floor that is not usable, expressed as a percent of Useable Area
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 100
Most of the projects started at or near the top of the market cycle turn out to be ____ than expected
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 200
Digital archives instead of paper filings tend to have this effect on the average space usage per office worker
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Manufacturers who require _____ tend to locate in less developed or regulated countries
Analytical for 300
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Developers increasingly invest in _____ buildings when market is perceived strong with increasing demand and insufficient supply
Analytical for 400
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 500
_________ property is mostly custom built and owned by the user
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Declining rents and minimum new construction occurs during this phase
The Cycle for 100
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
The Cycle for 200
Rising rents and occupancy occurs during this phase
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
DAILY DOUBLE
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Excess supply, little or no construction occurs during this phase
Daily Double The Cycle for 300
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
The Cycle for 400
Increasing vacancy with construction still taking place occurs during this phase
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
_________ capital flows are an important reason for cycles
The Cycle for 500
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Numerical for 100
The minimum size for new Class A office building in CBD of a typical US city would be approximately ______
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Numerical for 200
The value of a property with an expected NOI of $2,000,000 at a cap rate of 8.5%
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Numerical for 300
The NOI of a 200,000 sq ft property with rents at $22psf and a vacancy of 93%
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Numerical for 400
The economic life of industrial buildings for depreciation purposes by IRS (year 2000 data)
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Numerical for 500
If the economic life of a building is assumed to be 25 years, then the implied recapture rate per year is ______%
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 100
A Phase 1 study should be performed by this type of firm
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 200
New office space demand = Net New Office Employees X _____
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 300
A Phase ____ is the actual clean up of the site
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 400
E I P
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 500
_______ works on the premise that the waste of one industry should be consumed as raw-material (or input) by another