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Asset management fees- portion incl. in TGER

Definitions

Portion of Asset management fees allocated to TGER. The investment manager should use best judgement to split its asset management fee services between what is directly attributabl ...

Asset management fees- portion incl. in REER

Definitions

Portion of Asset management fees allocated to TGER. The investment manager should use best judgement to split its asset management fee services between what is directly attributabl ...

Performance fees

Definitions

Also known as incentive fees, promote or carried interest, these are fees charged by investment advisors, or managers, after a predetermined investment performance has been attaine ...

Property management fees

Definitions

Fee charged by investment advisors, or managers, for the administration, technical and commercial management of real estate. A property management engagement typically involves the ...

Property acquisition fees

Definitions

Fee charged by investment advisors, or managers, associated with the closing of a new investment. The fee compensates the real estate investment advisor, or manager, for services r ...

Property disposition fees

Definitions

Fee typically charged by investment advisors, or managers, for services rendered in an investment disposition, including sales marketing, negotiating and closing of the deal.

Project management fees

Definitions

A fee charged to the vehicle by the advisor, or manager, for guiding the design, approval, and execution of a renovation project, as well as the construction process of a developme ...

Financing/debt arrangement fees

Definitions

Also known as debt arrangement fees, these fees are charged by the investment manager for services rendered in arranging debt financing for asset purchases or financing at  th ...

Wind-up fees

Definitions

Also known as liquidation fee, it is typically found in liquidating trusts, upon termination and dissolution of the vehicle. The sponsor is responsible for liquidating the partners ...

Internal leasing commissions

Definitions

Commissions charged by investment advisors, or managers, after a new lease or a renewal lease is signed. These include marketing of vacant space. Commission ranges vary and may dep ...

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