Archives: Glossary
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REIT (Real estate investment trust)
Welcome Group / July 3, 2019
A business trust or corporation that combines the capital of … Continue reading REIT (Real estate investment trust)
read morePlat
Welcome Group / July 3, 2019
Map of a specific area, such as a subdivision, that … Continue reading Plat
read morePercentage Rent
Welcome Group / July 3, 2019
Rent payable under a lease that is equal to a … Continue reading Percentage Rent
read moreOffer
Welcome Group / July 3, 2019
Term used to describe a stated price or spread to … Continue reading Offer
read moreNominal Yield
Welcome Group / July 3, 2019
The yield to investors before adjustments for fees, inflation or … Continue reading Nominal Yield
read moreNCREIF Property Index (NPI)
Welcome Group / July 3, 2019
The index reports quarterly and annual returns consisting of income … Continue reading NCREIF Property Index (NPI)
read moreMezzanine Financing
Welcome Group / July 3, 2019
Mezzanine financing is somewhere between equity and debt. It is … Continue reading Mezzanine Financing
read moreMarket Value
Welcome Group / July 3, 2019
The highest price a property would command in a competitive … Continue reading Market Value
read moreLump Sum Contract
Welcome Group / July 3, 2019
A type of construction contract requiring the general contractor to … Continue reading Lump Sum Contract
read moreLong Term Lease
Welcome Group / July 3, 2019
In most markets, this refers to a lease whose term … Continue reading Long Term Lease
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