The expected trend in market rental rates over the period of projection, expressed as an annual percentage increase.

A tenant’s pro rata share of the entire building, excluding elements of a building that penetrate through the floor to areas below, such as stairs and elevators; measurement ...

The amount of space under lease in a building.

The period following construction of a new building when tenants are actively being sought and the project is approaching its stabilized occupancy.

An amount of money held to be used for later known or unknown expenditures.  It may be held in an account controlled by the operating partner or a lender.  

The estimated or actual cap rate used to estimate the resale value of a property at the end of the holding period; calculated by dividing the expected net operating income (NOI) by ...

The risk inherent to a particular investment or portfolio of investments that can be mitigated or reduced through diversification; also known as “diversifiable risk,” & ...

A temporary federal agency established to act as a receiver for insolvent federal savings and loan associations and to transfer or liquidate those associations' assets; created ...

Any individual who purchases and sells securities for his or her own investment portfolio; may need to meet a certain level of accreditation to participate in some investments, suc ...

The addition of new technology or features to older systems in order that a property be in compliance with updated government ordinances, codes and/or environmental and energy cons ...