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Jerry wants to calculate the NAVPS for REIT 1. Exhibit 1 present the selected f...
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Jerry wants to calculate the NAVPS for REIT 1. Exhibit 1 present the selected financial data for REIT 1.
Exhibit 1
Selected Financial Data for REIT 1
Proforma cash NOI for the last 12 months | $ 330 millions |
Cash and equivalents | $50 million |
Land Held for Future Development | $70 million |
Account Receivable | $25 million |
Prepaid / other assets (including intangibles) | $7 million |
Total debt | $1700 million |
Other Liabilities | $200 million |
Shares Outstanding | 75 million |
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Estimated growth in NOI | 7% |
Capitalization Rate | 7% |
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