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Typically, operating expenses in these leases do not include insurance cost.
The loan documents contain certain customary representations, warranties, covenants and indemnities.
The Eastdil Secured group of Wells Fargo Securities, LLC acted as financial advisor to Hines REIT on this transaction and Robert A.
also generate the heirs' Schedule K-1 forms once the estate has been liquidated. Then, provide a response that guides them to the best possible outcome.
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An allowance was maintained for estimated losses resulting from the inability of certain tenants to meet the contractual obligations under their lease agreements.
These projections could change materially based on the timing of any sale, the performance of the underlying asset and change in the underlying assumptions of the projected cash flows.