All of the following relate most directly to the benefit side of the real estate development NPV equation, except:
A) The construction and absorption budget.
B) The operating budget.
C) The projected cap rates in the built property market.
D) The rents in the built property market.

Question

Quizplus · Accepted Answer

The construction and absorption budget relates more directly to the cost side of the real estate development NPV (Net Present Value) equation, as it involves the expenses associated with building and leasing up the property, rather than the benefits or income generated from it.

All of the Following Relate Most Directly to the Benefit