All purchases made by a household (home or abroad) to meet its everyday needs:  food, clothing, housing services (rents), energy, transport, durable goods ...

Multiple suites/spaces within the same building and on the same floor that can be combined and rented to a single tenant, or a block of space located on multiple adjoining floors i ...

A clause commonly written in retail leases that requires a tenant to continuously operate at a property for the entire term of the lease; as anchor tenants may act as a demand driv ...

The rental obligation, expressed in dollars, as specified in a lease; also known as “face rent” or “stated rent”.

The amount a component of a property contributes to the total market value; for improvements, contributory value must be distinguished from cost.

Any entity engaged in commercial activities as defined in the Internal Revenue Code (IRC) (whether conducted within or outside the US) for which a foreign government directly or in ...

A mortgage position that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period.

A debt financing obligation issued to a company or an individual by a bank or similar financial institution that gives the lender the option to convert to a partial or full ownersh ...

Preferred stock that is convertible to common stock under certain formulas and conditions specified by the issuer of the stock.

High quality assets, often with slightly more leverage than core assets and perceived to have slightly more risk than Core assets.