Master tenant income is $1,427,931, supporting a projected Year 1 and full-term average distribution yield of 4.5%.
Ongoing fee rates
Master Tenant Income
$1,427,931
Strengths
- Master tenant income structured at $1,427,931.
- Master tenant reserve funded at $300,000.
Concerns
- Distribution rate flat at 4.5% for Year 1 and full-term average.
- Yield trails borrowing rate of 5.32%.