Create a proforma and loan summary for the property

Assignment Help Project Management

Reference no: EM131158005

You have been asked to analyze a property for a refinance with a bank on behalf of a commercial property owner.

Use your creativity to put together a loan package from the potential borrower to XYZ Bank to analyze a prospective loan for the property in the form of a cover letter and accompanying analysis and exhibits. Property Summary The Southwest Freeway Retail Center is located in southwest Houston, Texas. The property was built in 2005 and is approximately 93% leased. The property is north of the Southwest Freeway (Highway 59) just west of Gessner. The property consists of a 20,000 square foot retail center. This is a hypothetical property, but I expect you to use your creativity to support you analysis with maps, photos, or any other exhibits to support your request and analysis. The hypothetical site is located between two major intersections just east of Beltway 8 and south of Loop 610 along the Southwest Freeway (Highway 59.) The site is also in close proximity to Memorial Hermann Southwest Hospital, which is one of the most sophisticated suburban medical faculties in Houston.

Additionally, the site is surrounded by various retail centers, restaurants, area malls, hotels, and residential areas. There are a total of 7 tenants at the property with one vacant space. All tenants at the property have a triple net lease.

Your Assignment The Excel template provided contains three tabs: a rent roll, a loan summary, and a Proforma for your use.

Please use the rent roll to create a Proforma and Loan Summary for the property (provided in the template for your convenience.) Your completed assignment should include the following components:

Question (1) A detailed cover letter addressed to the banker at XYZ Bank discussing the property, a summary of your analysis, and the property's strengths and weaknesses that the banker should consider. Your objective is to point out facts to the banker of why this loan would be a good investment for the bank, as well as any risks that exist. You may think outside of the box and use your creativity in terms of the sponsorship of the borrower (his or her management experience, net worth, etc.) or other components that we've learned about through the semester as it relates to the property or analysis.

Question (2) The accompanying Excel file with the Loan Summary and Proforma completed

Attachment:- Excel (2).xlsx

Reference no: EM131158005

Questions Cloud

What events later forced the two countries apart : What elements of geography and culture have historically united peoples on the Korean Peninsula? What events later forced these two countries apart?

Impacted the range of choice you have in radio stations : How do you feel this has impacted the range of choice you have in radio stations? Did government deregulation cause the creation of monopolies? Why or why not? How are natural market forces and other economic factors changing or not changing your ..

Why the four steps involved in the controlling function : Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function? Give specific examples. Respond substantively ..

What is the market equilibrium corn price per month : What is the market equilibrium corn price per month and the market equilibrium number of corn demanded and supplied? Use Excel to graph this out.

Create a proforma and loan summary for the property : The accompanying Excel file with the Loan Summary and Proforma completed - create a Proforma and Loan Summary for the property

Deficit and surplus as used in economics : Differentiate between the terms deficit and surplus as used in economics.

Differentiate between a mixed economy and a market economy : Differentiate between a mixed economy and a market economy as far as economics is concerned.

Hypothetical policy initiative in the bottled water : Consider a hypothetical policy initiative in the bottled water market that forces price up to $6.50 per unit. Calculate the deadweight loss to society from this policy. Indicate the deadweight loss in a diagram

Analyze the application of these management concepts : Analyze the application of these management concepts to your place of work; the paper will not simply be a report on the five functions in general

User Account

All Pages