A term used to identify environmental liability within the context of a Phase I Environmental Site Assessment (ESA); indicates the presence or likely presence of any hazardous subs ...

With reference to valuation:  the final step in the valuation process wherein consideration is given to the relative strengths and weaknesses of the three approaches to value, ...

A legal agreement by which the lender has the legal right to collect pledged collateral in the event that the borrower is unable to satisfy debt obligations. Recourse lending provi ...

Costs which are paid back to a landlord by a tenant; generally includes property taxes, property insurance, maintenance and repair costs, and other operational expenses; at the end ...

The timeframe after an initial lock-up period during which an investor may withdraw its capital (in whole or in part) from a fund, usually on a quarterly basis; typically applies t ...

With reference to a fund:  Form when investor demand for liquidity exceeds both incoming capital from new investors and proceeds available from property dispositions; generall ...

A retail property that provides general merchandise (a large percentage of which is apparel) and services in full depth and variety; main attractions are its anchors:  traditi ...

Forms filed with the Securities and Exchange Commission (SEC) (or the appropriate state regulatory agency) in connection with a proposed offering of new securities or the listing o ...

A particular statistical technique, similar to correlation, used to analyze data in order to predict the value of one variable (the dependent variable), such as market value, from ...

A straight line that describes how a response variable y (the dependent variable) changes as an explanatory variable x (the independent variable) changes; often used to predict the ...