Vacancy unrelated to disequilibria in supply and demand, producing no upward or downward pressure on rents; a typical vacancy rate in a given market operating in equilibrium; also ...

The extent of a parcel of land along a street, road, river, or other traffic artery on which the parcel is said to face.

With to respect to risk transfer, in general:  signifies that the seller (not the buyer) of an asset or the drawer (not the holder) of a negotiable instrument assumes the risk ...

A commercial lease where the tenant pays a base rent and the landlord pays for all operating expenses related to the tenant’s occupancy of the space such as common area maint ...

An all-inclusive rental rate that includes operating expenses and real estate taxes for the first year; tenant is generally still responsible for any increase in operating expenses ...

Distribution of Carried Interest in which Profits are distributed in the aggregate for the portfolio, generally at the end of the fund life.  Also known as Back-end Carry, Eur ...

The reduction in a property’s value due to changes in tastes, preferences, technical innovations, or market standards.

Broadly refers to the liabilities incurred in connection with (i) establishing a fund and (ii) operating a fund.

Space in a proposed commercial development that is not yet under construction or where no construction start date has been set; also may refer to the future phases of a multi-phase ...

One or more experts that provide professional advice and recommendations across all  asset classes to an individual or an organization for a fee.