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Warehouse (industrial)

Definitions

50,000 square feet or more with up to 15% office space, the balance being 18-30 foot ceiling height. All loading is dock height.

Research and Development (industrial)

Definitions

One- and two-story buildings with 10-15 foot ceiling heights with up to 50% office/dry lab space (remainder in wet lab, workshop, storage, and other support), with dock height and ...

Flex Space (industrial)

Definitions

Single story buildings with 10-18 foot ceilings with both floor height and dock height loading. Includes wide variation in office space utilization, ranging from retail and persona ...

Garden-type Apartments

Definitions

Low-rise apartments situated on a sizable landscaped plot, under one management.

Low-rise Apartments

Definitions

Walk-up buildings and elevator buildings three stories or less.

High-rise Elevator Apartments

Definitions

Buildings that are four stories or more in height.

Lease Area

Definitions

The area for which rent can be charged.

Reimbursement Income

Definitions

Any payment made by tenants to reimburse the landlord for expenses.

Base Rent Income

Definitions

Income derived strictly from leased space, i.e., not including percentage rents which is a separate data field.

Loan Lockout Period

Definitions

Remainder of time in months a borrower is prohibited from refinancing the loan without defeasance.

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