A percentage lease involves the tenant paying a base rent in conjunction with a percentage of their gross sales to the landlord.
FF&E stands for Furniture, Fixtures, and Equipment, and refers to movable items not permanently attached to a building's structure.
A stabilized property is a real estate asset that has achieved a predictable and sustainable level of occupancy and income.
This concept is crucial as it relates directly to the profitability and long-term success of rental properties within the rental market.
It uses probability and variables to simulate and analyze potential outcomes. This is essential for fields like project management, engineering, and finance.
Gross Potential Income reflects the maximum possible income a property could earn if fully rented at market rates throughout the year.
The formula for calculating the GIM is straightforward: divide the property's sale price by its gross annual income.
Walk into a room and you can usually tell right away if it feels open and airy or low and cramped. One of the biggest reasons for that feeling is the ceiling above you.
Residual calculation is a valuation method that estimates the value of a development site. It does this by considering the potential land value after deducting all development costs, including construction and financing expenses.
