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Real Estate Glossary

Amortized loan

This type of loan requires the borrower to make scheduled and periodic payments carried out to both the principal and interest. It pays off the interest expense for the period first and foremost. Meanwhile, any remaining amount...

CRE Insights Blog

What is a Family Business

In this video, Richard C. Wilson discusses exactly what a family business is. Typical family business have the whole family involved in the business. This can often lean to succession and governance problems. To learn more about...

CRE Insights Blog

What is a Centimillionaire?

Hello, this is Richard C. Wilson coming to you from Georgia, the country of Georgia, that is, which is near Armenia and Turkey, and I’m going to record a short video on what is a centimillionaire. Essentially, just like a...

Real Estate Glossary

Appraisal

This is an informal estimate of the value of a property. It is usually provided by a professional appraiser or a real estate agent. Appraisals are not the same as a formal valuation of a property. Appraisals are commonly used for...

Real Estate Glossary

Anchor Tenant

This is the primary or largest tenant located in a shopping center. In terms of rent, those of anchor tenants are significantly lower than other tenants as they draw most consumers to the center. Shopping centers that are larger...