Cost approach: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Cost approach A method of estimating a property’s value by calculating the cost to replace the structure, adjusted for depreciation, and adding the land value. *As with all financial transactions you […]
Yield: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Yield A measure of the return on a real estate investment, calculated as the annual income generated by the property divided by its purchase price or market value. *As with all […]
Gross income multiplier (GIM): Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Gross income multiplier (GIM) A measure of a property’s value based on its gross income. *As with all financial transactions you should seek professional guidance from a qualified advisor like an […]
Absorption rate: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Absorption rate The rate at which available properties are sold or leased in a specific market, often used to gauge the balance between supply and demand. *As with all financial transactions […]
Underwriting: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Underwriting The process by which a lender evaluates the creditworthiness and financial strength of a borrower, as well as the value and risk associated with a commercial property, in order to […]
Trade area: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Trade area The geographic area from which a commercial property or retail center draws the majority of its customers, typically influenced by factors such as population density, transportation access, and market […]
Tenant mix: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Tenant mix The composition of tenants within a multi-tenant commercial property or retail center, often managed to create a balance of complementary uses and attract a diverse customer base. *As with […]
Step-up lease: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Step-up lease A lease structure in which rent payments increase at predetermined intervals, often starting with a lower initial rent and gradually stepping up to a higher rate over the lease […]
Retail pad: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Retail pad A standalone parcel of land within a larger retail development, typically occupied by a single-tenant building with high visibility and its own dedicated parking. *As with all financial transactions […]
Rent abatement: Commercial Real Estate | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Commercial Real Estate: Rent abatement A temporary reduction or suspension of rent payments, often granted by a landlord to a tenant as a concession or in response to a specific event, such as a […]