CCCS is a national not-for-profit agency that, at no cost at all, aids debtors through budget assistance, debt management plans, and financial education. It may create an easier payment plan that increases the chance of being...
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Co-Broker
To speed up the process, brokers may need to request that other brokers look over the site. Once a broker or their co-broker finds a tenant that will lease the property, they will divvy up the commission among themselves. Tenants...
Cost Approach Improvement Value
This is the measurment that determines an asset's value by taking the current cost to construct a replication or a substitution of an existing structure, subtracting an estimate for accumulated depreciation, and adding the land's...
Foundation
The building's foundation is the lower segments of its structure, which should be packed and dried well.
Generic Space / Multiple-Use Office Space
This is a commercial space specifically designed to be used for different purposes.
Cash-on-Cash Return
This return rate calculates the income earned by the cash that is invested in a certain property. It measures the yearly return the investor made to the property with regard to the mortgage they paid during the year. Cash-on-cash...
Flex Building
This building structure is designed to be easily convertible. It allows for a wide range of warehouse and office uses and can serve many purposes as it is easier to retrofit to a company's needs compared to typical warehouse...
Differential Cash Flow
This is the amount of extra operating cash flow an organization has at its disposal. It is typically a result of starting on a new project. Differential cash flow is the resulting difference when the cash flow from one...
Axonometric
This refers to a type of architectural drawing that presents an object in three dimensions. It is most often created by architects in order to show collaborators or clients a more realistic depiction of a current project.
General Contractor
This is an entity that oversees the implementation of a construction project on behalf of the owners of the property. A general contractor manages the day-to-day operations on-site and keeps an eye on all of the subcontractors.