A property that has two or more tenants.

The cost of borrowed funds is greater than the free and clear internal rate of return (IRR) on the property.

An approach to estimating the retail trade area (and sales/revenue potential) for a given establishment or center.

A measurement of the net change of the supply of commercial space in a given real estate market over a specific period of time; measured by deducting commercial space vacated by te ...

With reference to property level performance calculations:  accrual basis net income of the property (which would ultimately be consolidated into the fund's net investment ...

A contractual agreement where a lessee pays a portion or all of the taxes, insurance fees, and maintenance costs for a property in addition to rent; in its purest form, the tenant ...

The cost of borrowed funds is the same as the free and clear internal rate of return (IRR) on the property.

The actual over (under) return relative to the market (benchmark) without taking risk into account; calculated as actual return less benchmark return.

The stated tax rate, which does not necessarily correspond to the effective tax rate.

A type of loan in which payments on the principal are not made until a lump sum is required; generally requires a higher interest rate due to the unsecured nature of the loan and l ...