TAILIEUCHUNG - Glossary of Commercial Investment Real Estate Terms

Real estate is valued for its cash flow, both its operating cash flow during the time that you own the property and its likely net sale proceeds when you go to sell the property at some time in the future. Since real estate is purchased today based on its ability to produce cash flow in the future, tools are needed which help calculate the present value of future cash flows. These tools are readily available, are discussed in Tool Kits #2 and #3, and involve the concept of “capitalization”. All capitalization tools convert future income. | CCIM Institute Page 1 of 30 430 N. Michigan Ave. Suite 800 Chicago IL 60611-4092 312-321-4460 Glossary of Commercial Investment Real Estate Terms A Absorption The amount of inventory or units of a specific commercial property type that become occupied during a specified time period usually a year in a given market typically reported as the absorption rate. Accumulated cost recovery Total cost-recovery deductions taken throughout the holding period of a property. Active income Income from salary wages tips commissions and activities in which the taxpayer materially participates. Contrast with passive income. Add-on factor Calculated by dividing rentable square feet by useable square feet the add-on factor can be used to evaluate different sites with comparable rents. Also known as load factor and rentable-to-useable ratio. Contrast with efficiency percentage. Add value Final stage of the four-stage transaction management process pertaining to a transaction manager s planning effort and continual contact with key decision-makers investors and users as well as contact with ancillary professionals. This ongoing process allows for feedback establishes a network for problem solving provides a means to offer additional services to the client and enhances the transaction manager s preparedness for the next assignment. See CLOSE MATCH and QUALIFY. Adjusted basis The original cost basis of a property plus capital improvements less total accumulated costrecovery deductions and partial sales taken during the holding period. ADS Annual debt service Agglomeration economies Cost reductions or savings that result from efficiency gains associated with the concentration or clustering of firms producers or economic activities and the formation of a localized production network. Aggregate market area gap analysis A gap analysis that is carried out for a city or several cities simultaneously to identify one or more general market areas where a positive gap exists for a .

• Đầu tư Bất động sản
• Aspects of Plant
• Drought in Annual
• Crop Species
• Plant Heavy
• Metal Interaction
• Water Relations
• Abiotic Stress
• Phytoremediation
• Mineral Nutrition
• Biofortification
• Nanoparticles
• Plant Antioxidative
• SRO Family
• Characterization
• Heavy Metal Toxicity
• Genetic and Molecular