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Case File
d-31636House OversightFinancial Record

Financial breakdown of a USVI net lease project with GSA involvement

The passage provides a basic source‑and‑uses of funds table for a construction project in St. Thomas, USVI, mentioning the GSA and a net‑lease authority. It lacks specific names of high‑ranking offici Total project cost $6.66 M, with $5.04 M financed by a loan Investor equity contributes $1.62 M (24.31% of sources) Hard project costs account for $5.78 M (86.82% of uses)

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #018734
Pages
1
Persons
0
Integrity
No Hash Available

Summary

The passage provides a basic source‑and‑uses of funds table for a construction project in St. Thomas, USVI, mentioning the GSA and a net‑lease authority. It lacks specific names of high‑ranking offici Total project cost $6.66 M, with $5.04 M financed by a loan Investor equity contributes $1.62 M (24.31% of sources) Hard project costs account for $5.78 M (86.82% of uses)

Tags

real-estatefinancial-flowusvigovernment-procurementgovernment-contractinghouse-oversightfinancial-disclosure
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Browse House Oversight Committee ReleasesHouse Oversight #018734

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Extracted Text (OCR)

EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
SOURCES & USES OF FUNDS Use Of Funds: Total % of Total Source Of Funds: Total % of Total $1,113,393 16.72% Investor Equity $1,618,757 24.31% Hard Project Costs $5,780,914 86.82% Loan $5,040,000 75.69% Total Uses $6,658,757 100.00% Total Sources $6,658,757 100% CONSTRUCTION TIMELINE 2014 2015 2016 Entitlement Land Acquisition Ground Breaking Equity Funding Site Work Vertical Development Delivery Tenant Build-out Investor Acquisition Lease/Rent Commencement Lease Term Page 8 GSA Investment & Acquisition Opportunity | St Thomas, USVI ee) Stan Johnson Company | THE NET LEASE AUTHORITY®

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