Consider a CMBS backed by a 80% LTV loan of a $50,000,000 office building. The loan...
Consider a CMBS backed by a 80% LTV loan of a $50,000,000 office building. The loan is interest only with an 8% mortgage rate issued for 3 years with monthly payments. The CMBS is issued with 37.5% subordination with a coupon rate on the senior tranche equal to 5% and coupon rate on the junior tranche equal to 7%. An interest only residual carrying no principal will be issued as well.
Assume no default occurred. In month 35, how much did the residual tranche receive?
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Consider a CMBS backed by a 80% LTV loan of a $50,000,000 office
building. The loan...
Consider a CMBS with the following characteristics (Same as Question 4): Backed by $20M mortgages, 7%...
Consider a CMBS with the following characteristics (Same as Question 4): Backed by $20M mortgages, 7% interest, 5-yr maturity, IO annual payments, no service fee There are three tranches issued: – $13M Tranche A (Senior/Investment Grade CMBS) with coupon rate 5% – $7M Tranche B (Junior/ Non-investment Grade CMBS) with coupon rate 6% – IO residual tranche (no extra collateral, but collects extra interest) Assume no defaults. What is the cash flow to Tranche B in year 5?
Consider a CMBS with the following characteristics: Backed by $20M mortgages, 7% interest, 5-yr maturity, 10...
Consider a CMBS with the following characteristics: Backed by $20M mortgages, 7% interest, 5-yr maturity, 10 annual payments, no servicer fee - There are three tranches issued . $13M Tranche A (Senior/Investment Grade CMBS) with coupon rate 596 · $7M Tranche B (Junior/ Non-investment Grade CMBS) with coupon rate 6% 10 residual tranche (no extra collateral, but collects extra interest) Assume no defaults. What is the cash flow to Tranche A in year 1?
TRUE OF FALSE QUESTIONS. 1 - When a loan is paid off over a shorter period...
TRUE OF FALSE QUESTIONS. 1 - When a loan is paid off over a shorter period of time, the total interest costs are reduced. 2- The term cooperative describes a method of ownership for housing rather than a type of building. 3- The process in which the lender sues the borrower to prove default and asks the court to order the sale of the property to pay the debt is called foreclosure. 4- The damage deposit is an amount paid...
You are considering the purchase of a small existing office building for $2,575,000 today. Below, you...
You are considering the purchase of a small existing office building for $2,575,000 today. Below, you are given the information you need to analyze the investment and decide how to proceed. Remember: Your submission for this assignment should be calculated in Microsoft Excel. Please show all your formulas in the spreadsheet. I can only give you partial credit if I see how you did each calculation. Your expectations for this stabilized property include the following: first-year gross potential income of...
PLEASE ONLY ANSWER THE SUPPLEMENTAL QUESTIONS. Bisbee Mountain Company Trial Balance 11/30/17 Cr 172,000 124,000 Cash...
PLEASE ONLY ANSWER THE SUPPLEMENTAL QUESTIONS.
Bisbee Mountain Company Trial Balance 11/30/17 Cr 172,000 124,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Соруright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.25 par Paid In Capital In Excess of Par- CS Preferred Stock - $5 par Paid In Capital In Excess of Par - PS...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 12,000 22,000 45,000 0 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.75 par Paid In Capital In Excess of Par-CS Preferred Stock - $5 par Paid In...
Supplemental Questions 1. What will be the balance in the Mortgage Payable Account at Jan. 31,...
Supplemental Questions 1. What will be the balance in the Mortgage Payable Account at Jan. 31, 2018 after the second monthly payment is made? 2. The Company is about to issue $2,000,000 of 5-year, 12% bonds. Interest will be paid semi- annually. The market interest rate for such securities is 10%. How much can The Company expect to receive from the sale (issuance) of these bonds? Financial Statement Homework #3 Name YOU MUST SUBMIT ALL HANDWRITTEN PAGES OF THIS DOCUMENT...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 12,000 22,000 45,000 0 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.75 par Paid In Capital In Excess of Par-CS Preferred Stock - $5 par Paid In...
Trial Balance to general ledger, T accounts, Adjusted Trial Balance then finally additional questions Name Financial...
Trial Balance to general ledger, T accounts, Adjusted Trial
Balance then finally additional questions
Name Financial Statement Homework #3 Part 1: At November 30, 2012, Silver Traders Company had the following trial balance. There is detailed information on the next page about December 2012 transactions that need to be recorded. Silver Traders Company Trial Balance 11/30/12 Cr Dr 287,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Recelvable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends...
General journal, T Accounts, to adjusted trial balance with additional questions Name Financial Statement Homework #3...
General journal, T Accounts, to adjusted trial balance with
additional questions
Name Financial Statement Homework #3 Part At November 30, 2012. Silver Traders Company had the following trial balance. There is information on the next page about December 2012 transactions that need to be recorded Silver Traders Company Trial Balance 11 /12 287,000 62,000 24,000 6,000 65,000 195.000 75,000 44,000 45.000 46,000 15,000 Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Triventory Equipment Building Accumulated Depreciation Copyright...
Consider a CMBS with the following characteristics: Backed by $20M mortgages, 7% interest, 5-yr maturity, 10 annual payments, no servicer fee - There are three tranches issued . $13M Tranche A (Senior/Investment Grade CMBS) with coupon rate 596 · $7M Tranche B (Junior/ Non-investment Grade CMBS) with coupon rate 6% 10 residual tranche (no extra collateral, but collects extra interest) Assume no defaults. What is the cash flow to Tranche A in year 1?
PLEASE ONLY ANSWER THE SUPPLEMENTAL QUESTIONS.
Bisbee Mountain Company Trial Balance 11/30/17 Cr 172,000 124,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Соруright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.25 par Paid In Capital In Excess of Par- CS Preferred Stock - $5 par Paid In Capital In Excess of Par - PS...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 12,000 22,000 45,000 0 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.75 par Paid In Capital In Excess of Par-CS Preferred Stock - $5 par Paid In...
Supplemental Questions 1. What will be the balance in the Mortgage Payable Account at Jan. 31, 2018 after the second monthly payment is made? 2. The Company is about to issue $2,000,000 of 5-year, 12% bonds. Interest will be paid semi- annually. The market interest rate for such securities is 10%. How much can The Company expect to receive from the sale (issuance) of these bonds? Financial Statement Homework #3 Name YOU MUST SUBMIT ALL HANDWRITTEN PAGES OF THIS DOCUMENT...
Foley Mountain Company Trial Balance 11/30/17 I cr Dr 112,000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 12,000 22,000 45,000 0 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.75 par Paid In Capital In Excess of Par-CS Preferred Stock - $5 par Paid In...
Trial Balance to general ledger, T accounts, Adjusted Trial
Balance then finally additional questions
Name Financial Statement Homework #3 Part 1: At November 30, 2012, Silver Traders Company had the following trial balance. There is detailed information on the next page about December 2012 transactions that need to be recorded. Silver Traders Company Trial Balance 11/30/12 Cr Dr 287,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Recelvable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends...
General journal, T Accounts, to adjusted trial balance with
additional questions
Name Financial Statement Homework #3 Part At November 30, 2012. Silver Traders Company had the following trial balance. There is information on the next page about December 2012 transactions that need to be recorded Silver Traders Company Trial Balance 11 /12 287,000 62,000 24,000 6,000 65,000 195.000 75,000 44,000 45.000 46,000 15,000 Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Triventory Equipment Building Accumulated Depreciation Copyright...
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