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was $225 million. this hospitality complex covered tow- and a half acres and include 162 luxury condominiums , a 100, 000 square foot Sports club /LA , a splash Spa , three restaurants , 40000 square feet of street-level restaurants and retail shops featuring the latest designs from Italy and other countries ,as well as 300 room hotel.
2- What was the cost of capital for each division at the hotel?
The rate of return an enterprise has to offer to induce investors to provide it with capital. The cost of loan capital is the rate of interest that has to be paid. The cost of equity capital is the expected yield needed to induce investors to buy shares...
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