* Hotel Pro Forma Investment Summary
- Year 1 Occupancy: 68%
- Year 3 Occupancy: 72.1%
- Year 3 ADR: $218.13
- Year 3 Adjusted NOI: $3.53M
* Multifamily Pro Forma Investment Summary
- Stabilized Occupancy: 92%
- Studio Rent Assumption: $2,075/Mo
- Operating Expenses: $906,000
- Stabilizied NOI: $2.3M