In this video we talk answer the question “what is a family office?” We talk about the definition of a single family office, why they exist and what functions they perform for ultra-wealthy individuals and families...
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Average Daily Rate
The average daily rate or ADR is a key performance indicator (KPI) metric used by the hospitality or lodging industry to determine the average revenue made for an occupied room on a given day. ADR is calculated by dividing the...
Capital Raising Trifecta | Family Office Marketing & AUM Growth Help
| This video was created for family office marketers and executives at family office wealth management firms who are trying to raise their Assets Under Management (AUM) and attract new clients to their multi-family office...
ADR
The average daily rate (ADR) is a key performance indicator (KPI) metric utilized by the hospitality or lodging industry to determine the average revenue made for an occupied room on a given day. ADR is calculated by dividing the...
Wealth Shrapnel – The downside of being ultra-wealthy
Abstracter
An abstracter or abstractor is a person who usually prepares and certifies the abstract of title or the summary of ownership of a property. Their main functions are to dig through your records, act as a go-between, maintain and...
1031 Exchange – Boot
Boot refers to non-like-kind property or items acquired through an exchange. It can be created in various ways, such as receiving debt relief, cash, or incorporating personal property in your tax-deferred exchange. Any individual...
Agent
This refers to either an individual or an entity that will represent, transact, or manage the business of another individual or entity--mainly the principal. An agent can enter into a binding agreement on behalf of the principal...
Adaptive Reuse
A type of redevelopment project, adaptive reuse is when a building is transformed in a way that will meet the current demand. An example of this is when a factory is converted for retail use or when an office building is turned...
Adjusted Funds from Operations (AFFO)
This is a financial measure of real estate investment trust (REIT). It is used as an alternative to funds from operations (FFO). Compared with FFO, however, AFFO is a superior measure as it considers the maintenance costs of the...