Given the following information, calculate the developer’s g…

Given the following information, calculate the developer’s gain in whole dollars.   125  unit apartment complex  $                                      1,600 Monthly rent 5% vacancy rate 35% opex as % of EGI 6.25% market cap rate                                   1,300,000 land acquisition & site improvement cost                                14,250,000 construction cost 5% construction contingency                                   2,100,000 soft costs

Beauty in the Desert (1) Some people think the desert is too…

Beauty in the Desert (1) Some people think the desert is too                               , but I think it is beautiful.  (2) The ground is dotted with ________________, green cacti. (3) At times, the small prickly pear cactus blooms with soft ________________ flowers. (4) The desert is also home to unique ________________ animals. (5) Slithering snakes and soaring hawks are abundant in the                                                                              landscape. (6) During the rainy season, sudden, ________________ thunderstorms leave behind marvelous rainbows. (7) After the rain, the                                smell of sage is in the air, and the red dirt readily drinks up the water. (8) In the desert, you can find beauty all around.   (4) The desert is also home to unique ________________ animals.