- April 20, 2018 at 6:39 pm #545
Is there a way to model in a TI/LC reserve? We are seeing this requirement often for ORI value-add deals.
- April 28, 2018 at 12:01 pm #549
You’ll notice in the ORI-OpSt tab under Capital Expenditures, Tenant Improvements, Leasing Commission, Other CapEx, and Capital Reserve are all modeled. TIs and LCs are projected and hit the DCF (columns K:T) per the assumptions entered on the ORI-RR tab, whereas the Stabilized (column J) and Residual (column U) pro formas calculate an average annual TI and LC load.
You must be logged in to reply to this topic.