By calculating the employment share of a specific industry within a local area and contrasting it with the national share, a location quotient reveals the concentration of that industry in the regional economy.
In commercial real estate, CAM reconciliation is crucial for maintaining financial transparency between landlords and tenants who share common areas.
It enables property owners to transfer their real estate assets into a publicly traded REIT in exchange for operating partnership units.
A Credit Tenant Lease is a long-term lease agreement where a property owner leases to a tenant who possesses superior credit. Often, the tenant is a major corporation, ensuring that the rents are perceived as reliable as corporate bonds.
The MOIC formula is calculated by dividing the total cash inflows from an investment by the initial capital invested.
Soft costs in construction can make up a significant portion of the overall budget, ranging from 5% to as much as 50% of a project’s hard costs.
TEBS enables the creation of a tax-advantaged income stream while providing essential liquidity and support to multifamily housing projects.
A non-recourse loan offers a unique structure. In this loan type, the lender's remedy in case of default is limited to the collateral associated with the loan, rather than pursuing the borrower's other assets.
The master servicer is fundamentally responsible for handling the day-to-day operations of a loan portfolio.
