The rate at which net operating income is discounted to determine the value of a property; calculated as the net operating income divided by the sales price or value of a property ...

A type of market index with individual components, or securities, weighted according to their total market capitalization; components with larger market capitalization exert a grea ...

The sales or leasing rate of a real estate development compared to the sales or leasing rate of all developments in the market area.

An alternative tiered-collateral structure employed when tax, regulatory or ERISA concerns prevent a feeder fund from guaranteeing and directly pledging collateral to the lender to ...

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 ...

Small, relatively permanent statistical subdivisions of a county or equivalent entity that are updated by local participants prior to each decennial census; generally have a popula ...

A document issued by a local government agency, certifying that a building meets certain requirements and codes that indicate its fitness to house tenants; these requirements diffe ...

The geometric compounding of returns by taking returns over a single-holding period and combining or linking those returns over multiple periods, resulting in the cumulative return ...

A subjective division of buildings by desirability among tenants and investors; generally high quality, well designed, using above-average materials, workmanship, and finish; sough ...

A subjective division of buildings by desirability among tenants and investors; generally offer useful space without special attractions; have functional layout and design, though ...