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Real Estate Glossary

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...

Real Estate Glossary

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...

Real Estate Glossary

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...

Real Estate Glossary

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...

Real Estate Glossary

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.

Real Estate Glossary

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.