-A Hybrid REIT Is Comprised of What Primary Classifications of

question 12

Multiple Choice

$$\begin{array} { l r } \text { Net revenue } & \$ 20,000,000 \\\text { Less: } & \\\text { Operating expenses } & 9,800,000 \\\text { Depreciation and } & \\\text { amartization } & \underline{4,400,000} \\\text { Incame fram aperations } & 5,800,000 \\\text { Less: } & \\\text { Interest expense } & \underline{1,280,000}\\\text { Net incame } &\$ \underline{4,520,000}\\\end{array}$$
-A hybrid REIT is comprised of what primary classifications of REITs?

• A) UPREITs, mortgage
• B) Mortgage, equity, retail
• C) Mortgage, equity
• D) Healthcare, retail, office

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Definitions:

Income

A flow of money to households.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of the population living in poverty.

Hispanics

People from, or descendants of, Spanish-speaking populations, primarily found in Latin America and the United States.

Children Under 18

Individuals who are in the age group that legally categorizes them as minors in most jurisdictions.