Site plan: Hotel Transactions | 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 Hotel Transactions: Site plan A detailed drawing or map that shows the layout, design, and features of a proposed real estate development, including buildings, parking, landscaping, utilities, and other site improvements. *As with all […]
Pro forma financial statement: Hotel Transactions | 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 Hotel Transactions: Pro forma financial statement A financial projection used in real estate development to estimate a project’s potential revenues, expenses, and profitability, based on assumptions about market conditions, construction costs, and operating performance. […]
Land entitlements: Hotel Transactions | 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 Hotel Transactions: Land entitlements The process of obtaining the necessary approvals, permits, and zoning changes from local authorities to develop a real estate project, often involving a series of negotiations, public hearings, and regulatory […]
Joint venture: Hotel Transactions | 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 Hotel Transactions: Joint venture A business arrangement between two or more parties to pool their resources and expertise in order to develop, own, or operate a hotel property, with each party sharing in the […]
Hotel disposition: Hotel Transactions | 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 Hotel Transactions: Hotel disposition The process of selling a hotel property, including marketing, negotiation, due diligence, and closing, often involving multiple parties such as brokers, lenders, and attorneys. *As with all financial transactions you […]
Hotel investment thesis: Hotel Transactions | 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 Hotel Transactions: Hotel investment thesis A strategic rationale for investing in a hotel property, outlining the investor’s objectives, risk tolerance, and expectations for financial performance, often used as a framework for evaluating potential acquisitions […]
Going concern value: Hotel Transactions | 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 Hotel Transactions: Going concern value The total value of a hotel property as an operating business, including both its real estate and intangible assets, such as brand affiliation, management contracts, and customer relationships. *As […]
Cost approach: Hotel Transactions | 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 Hotel Transactions: Cost approach A method of hotel valuation that estimates the property’s value based on the cost to replace it with a similar property, taking into account factors such as land value, construction […]
Sales comparison approach: Hotel Transactions | 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 Hotel Transactions: Sales comparison approach A method of hotel valuation that estimates the property’s value by comparing it to similar hotel properties that have recently sold, taking into account factors such as location, size, […]
Income approach: Hotel Transactions | 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 Hotel Transactions: Income approach A method of hotel valuation that estimates the property’s value based on its ability to generate future income, typically calculated as the present value of the expected net cash flows. […]