What is the new rent this year

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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.

Reference no: EM131359788

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