This segment of housing fills the gap between affordable housing options and more upscale or luxury living spaces. It addresses the needs of middle-income earners who do not qualify for traditional housing assistance.
A Co-GP structure involves partnering with another entity or individual. Both parties act as general partners in the acquisition and development of real estate assets.
This unique concept allows property owners to maximize their living area. Often, this is done by removing dividing walls and reconfiguring the layout to suit their lifestyle needs.
A non-arm's length transaction is characterized by a buyer and seller who have a personal or professional connection, potentially impacting the transaction’s objectivity.
Mid-market signifies properties or transactions that occupy the space between luxury, high-end segments and more affordable, lower-end options.
Capping in real estate refers to a predefined limit on the total commission an agent pays to their brokerage.
In a double net lease, the tenant covers property taxes and insurance, shifting part of the financial and administrative burden from the landlord.
An institutional investor in real estate is a large company or organization with substantial capital that is allocated to real estate investments.
In a single net lease, the tenant typically pays the base rent and their share of property taxes.
