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One of the capital costs unique to developing shopping centers is the tenant buildout or...

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One of the capital costs unique to developing shopping centers is the tenant buildout or tenant improvement allowance. True O False The investor who puts up the equity typically requires a preferred return. The preferred return is most often cumulative, which is to say that if funds are not sufficient to pay the preferred return, the deferred return is added to the equity balance and accrues interest. True False

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