The value created by the developer; the difference between value upon stabilization and construction costs, including land purchase.

The reduction in the ownership percentage of shareholders caused by the issuance of new securities or the conversion of convertible securities of the issuer, typically with the con ...

A public market equivalent (PME) methodology where all private equity cash flows are compounded by the returns of the reference benchmark to the same single point in time, which wh ...

An investment that involves the outright purchase of a property or properties or mortgage financing not done through other investment vehicles and may include any co-investments.

With reference to finance:  a yield rate used to convert future payments or receipts into present value; reflects both the safe rate earned from a completely riskless investme ...

A valuation method used to estimate the feasibility and attractiveness of an investment opportunity; utilizes future free cash flow and discount rate estimates to determine a net p ...

The level of authority granted to an adviser or investment manager over the investment and management of client capital; With reference to a discretionary account:  typically ...

A fee charged by an investment manager or operating partner to sell an investment.  The fee compensates for the costs of marketing, negotiating and closing the sale. &nbs ...

An asset, generally a security or real property that features a sharply reduced value as a result of actual or potential losses created by an excess of credit risk, market risk, or ...

See "waterfall"