Cappella Senior Living Flashcards
1
Q
CSL - Properties? Units?
A
1; 51 units
2
Q
CSL - Lease Commencement?
A
July 2019
3
Q
CSL - Lease Expiration?
A
July 2034 (2 5 year extension options)
4
Q
CSL - GBV?
A
$7.6M
5
Q
CSL - NBV?
A
$6.7M
6
Q
CSL - Annual Income?
A
$590k
7
Q
CSL - T12/6/3 LSCR?
A
T12: 1.13x
T6: 0.98x
T3: 0.85x
8
Q
CSL - T12/6/3 Occupancy?
A
T12: 95%
T6: 95%
T3: 94%
9
Q
CSL - Current Ratio?
A
0.36x
10
Q
CSL - Covenants?
A
LSCR: 1.10x
CR: none
11
Q
CSL - Escalators?
A
Greater of 2.0% or CPI (2.75% max) every August