QUESTION
Ahenfie is an upcoming 50-unit apartment project that seeks to provide affordable urban living in the city of Accra. The project consists of 30-units 2-bedrooms and 20-units 3-bedrooms, at a cost of GHS6,000,000 and GHS5,000,000 respectively to develop, including land cost. The project is expected to reduce the housing deficit of 1.7million in Ghana. The choice of 2 and 3-bedroom units is informed by the PropTalks Magazine published in 2019 by Property Strategy & Analytics LLC and the 2010 Housing and Population Census.
The investor-developer, MeTis Brokers, seeks to hold the project as an investment for 20 years after completion, during which the apartments will be rented out at GHS800 and GHS1,300 per month (full rental value) for 2-bedrooms and 3-bedrooms respectively, based on market analysis. All the 50-units will be sold to the existing tenants or to an investor on the 21st year. MeTis Brokers expects 25% return on their GHS1,500,000 equity investment in this project.
MeTis Brokers plans to leverage its equity to raise the remaining funds from any of the mortgage finance institutions in Ghana.
In addition to an interview for the position of Property Finance and Investment Analyst at Databank, the leading investment bank in Ghana, you are required to produce three separate and analytical business-style reports on this project, reflecting your advice on:
1. the viability of the project to the investor-developer (Assignment 2);
2. the viability of the project to the mortgage lender (Assignment 3) and factors the lender should examine in considering a loan application from MeTis Brokers; and
3. the most appropriate way to finance this development project (Assignment 4).
This Real Estate Assignment has been solved by our Real Estate Experts at UniLearnO. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.
Eureka! You've stumped our genius minds (for now)! This exciting new question has our experts buzzing with curiosity. We can't wait to craft a fresh solution just for you!