1. Suppose a lease has a 50% CPI-Adjustment each year. If last year's rent was $20/SF and the CPI has increased from 155 to 162, what is the new rent this year?
$20.50.
$20.45.
$20.39.
$20.53.
2. A hybrid REIT is comprised of what primary classifications of REITs?
UPREITs, mortgage.
Mortgage, equity, retail.
Mortgage, equity.
Healthcare, retail, office.