Also known as a building's load factor, loss factor, or add-on factor, the core factor is calculated by dividing the (RBA) rentable building area by the usable area (hallways, restrooms, etc.).
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Exchange Period
This is a window of time that spans 180 days, during which the exchanger has to complete an exchange that is tax-deferred. In that time, there's a 45-day identification period when the exchanger is obliged to identify the...
Garden Apartment
This is a low-level multifamily structure that has one to four stories. It is typically a building or complex surrounded by trees, lawns, gardens, or shrubbery.
Comissions Split
This is an agreement in the division of commissions earned between a sponsoring broker and a sales agent or between a listing broker and a selling broker.
Demand Factors
These are the certain forces or elements that influence individuals' or corporations' demand for goods and services in a specified market area.
Finance charge
This is the amount paid for borrowing money, it includes fees and interest. It is often expressed through a estimation of the amount borrowed or a flat fee that is charged by the company.
Family Office Business Models
Hello, my name is Richard Wilson and today I want to talk to you about the family office commercialization curve. Most family offices that I work with start out as a single family office. They get really good at managing their...
Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA)
Sometimes referred to as net operating income (NOI), EBITDA measures a company's operational performance. There are two ways to calculate it. The first is to add the operating income to the depreciation and amortization. The...
Build Out
This refers to the improvements to the interior of a building that have been made according to a tenant's specifications. It includes walls, flooring, electrical work, finished plumbing, and others.
Hospital
This is an institution that renders two or more of the following services: obstetrical, convalescent care, medical and surgical services with bed space, and/or urgent care services such as rehabilitation, sanitariums, and nursing...
