Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Operating Model

A reporting model, supported by ASC 960 and GASB 25. (ASC 960 GASB 25 require certain investments held by tax-exempt investors, including defined benefit plans and endowments are to be reported at fair value. It generally employs a gross presentation.

Source: NCREIF PREA | Date: 29 April 2020 | ID: D0019 | Version: 3