For a property, the result of calculating the effective rental income, plus other income not affected by vacancy, less total operating expenses, less annual debt service, funded re ...

An internal rate of return (IRR) calculated using before-tax net cash flows.

A universe of similar investments by competing managers or investors, measured from the same inception date.

The formal (quantitative) comparison of a given investment agent’s (or portfolio’s) investment performance with that of a suitably defined index or peer group over a sp ...

A measure of the volatility (or systematic risk) of an investment or a portfolio in comparison to the market as a whole.

A range of money that an investor looks to commit to each investment vehicle in which it invests.

A commingled fund accepting investor capital without prior specification of property assets or investments.

A geographic area containing the customers of a particular firm or group of firms for specific goods or services based upon census block groups (BGs).

Statistical divisions of census tracts, generally defined to contain between 600 and 3,000 people; used to present data and control block numbering.

An entity, often a C-corporation, through which tax-exempt investors invest in a  fund so as to shield such tax-exempt investors from having to file a US federal tax return an ...