Property Name: Murujuy Apartments

Property Address: Cra 1 #17-92 Rodadero, Santa Marta

Owner: SILVERCORE INVERSIONES SAS
Owner Address:
Property Manager: JAIME CUELLO
Property Manager Email: jcnmarketing@hotmail.com
Date: 2-Oct-18
Task: Rent Roll
GLA: 7,749
Version:

Unit DBA Name Legal Name

1 801 801
2 802 802
3 902 902
4 PH1 PH1
5 PH2 PH2
Total

Income:
Rent
Shoppes TICAM
 Notice Address FedEx/UPS

No
No
No
No
No

Rents $ 130,800,000
Shoppes TICAM $ -
Total Projected Income $ 130,800,000

Management fee $ 40,000,000.00

Building Administration $ 39,924,000.00
R&M $ 7,000,000
Cleaning $ 10,200,000
EPM (Electric & Water) $ 26,940,000
Internet $ 12,000,000
Insurance $ 4,760,000
Real Estate Taxes $ 5,100,000
Total Projected Expenses $ 145,924,000

Net Operating Income $ (15,124,000)

 Occupi
ed
Commencement Date Orignal Lease Date GLA

%
February 1, 2017 February 1, 2017 1400 18.07%
February 1, 2017 February 1, 2017 1076 13.89%
January 1, 2017 December 13, 2016 1076 13.89%
2475 31.94%
February 1, 2017 February 1, 2017 1722 22.22%
7749 100%

USD
$ 43,600
$ -
$ 43,600

$ 13,333 *Jaime's Anual Salary

$ 13,308
$ 2,333
$ 3,400
$ 8,980
$ 4,000
$ 1,587
$ 1,700
$ 48,641

-$ 5,041
Existing Lease
Rent Monthly Rent Ann PSF Rent
Options Expiration
$ 3,600,000 $ 43,200,000 $ 30,857
$ 2,800,000 $ 33,600,000 $ 31,227
$ - $ -
$ - $ -
$ 4,500,000 $ 54,000,000 $ 31,359
$ 10,900,000 $ 130,800,000 $ 16,880
Shoppe Average PSF: $ 13,797.45
 Amount
TICAM Rent of Rent Estop
Total Monthly Sec Deposit
Escrow Increases Increase Confirmed
s
$ 3,600,000.00 Yes See Tab $ -
$ 2,800,000.00 Yes See Tab $ -
$ - Yes See Tab $ -
$ - Yes See Tab $ -
$ 4,500,000.00 Yes See Tab $ -
$ - $ 10,900,000.00 $ -
Percentage Admin CAM RET Stops /
Man Fee
Rent Fee Stops/Base Base
None Y Y
None Y Y
None Y Y
None Y Y
None Y Y
 Major Exl LL Items
Default
INS Stops / Base from Late Fees Exclusive Exl from
Cures
CAM CAM
 Specific
Use/Rest
LL Consent to Right to Expansion Required
rictions
Assignment Self Help Rights Subordination
by
Tenant
 SNDA
Relocati Purchas
LL R&M TEN R&M Agreeme
ons e Rights
nt
Parking Parking Parking Ins- LL Req to Name
Ratio Required Provided Tenant
 Specific Use
Waiver of REA
Ins- TN Req to Name LL Restrictions on
Subrogation AGREEMENT
Tenant
 Co CONFIDENTIALITY
INDEMNIFICATION
Tenancy CLAUSE
 Applicable SF
Electric $ 21,600,000 7,749
Gas $ 1,500,000 7,749
Internet $ 12,000,000 7,749
Water $ 3,840,000 7,749
Maintenance $ 7,000,000 7,749
Cleaning $ 10,200,000 6,673
RET $ 5,100,000 7,749
Insurance $ 4,760,000 7,749
$ 66,000,000

Administrative Fee
Total Due for 2018

Less Prior Estimates Paid

Total Due to LL 105,924,000

USD
R&M $ 7,000,000 $ 2,500.00
Cleaning $ 10,200,000 $ 3,642.86
Electric, Water Gas $ 26,940,000 $ 9,621.43
RET $ 5,100,000 $ 1,821.43
Insurance $ 4,760,000 $ 1,700.00
Internet $ 12,000,000 $ 4,285.71
TOTAL $ 66,000,000 $ 23,571.43
 801 802 902 PH1 PH2
1400 1076 1076 2475 1722
$ 4,200,000 $ 3,600,000 $ 4,200,000 $ 4,800,000 $ 4,800,000
$ 300,000 $ 300,000 $ 300,000 $ 300,000 $ 300,000
$ 3,000,000 $ 1,500,000 $ 3,000,000 $ 1,500,000 $ 3,000,000
$ 720,000 $ 720,000 $ 720,000 $ 720,000 $ 960,000
$ 1,264,679 $ 971,996 $ 971,996 $ 2,235,772 $ 1,555,556
$ 2,139,967 $ 1,644,718 $ 3,783,156 $ 2,632,159
$ 1,000,000 $ 700,000 $ 700,000 $ 1,200,000 $ 1,500,000
$ 800,000 $ 680,000 $ 680,000 $ 1,600,000 $ 1,000,000
$ 13,424,646 $ 10,116,714 $ 10,571,996 $ 16,138,928 $ 15,747,715

8,808,000 6,756,000 12,864,000 11,496,000

22,232,646 16,872,714 10,571,996 29,002,928 27,243,715

22,232,646 16,872,714 10,571,996 29,002,928 27,243,715

Total GLA
7749

$ 66,000,000