Organizational structure where a REIT's assets are owned by a holding company for tax purposes.

The portion of an investor’s capital commitment that is unfunded and may be subject to a capital call, excluding any amounts subject to a pending capital call that have not y ...

A geographic area that has too few stores selling a specific good or service to satisfy the needs of its population.

The risk inherent to the entire market that cannot be mitigated or reduced through diversification; also known as “market risk,” “non-diversifiable risk,” o ...

The components into which a property may be divided for purposes of comparison.

The tax on unrelated business taxable income (UBTI).

Income regularly generated by a tax-exempt entity by means of taxable activities and that is unrelated to an investor’s tax-exempt purpose, as generally defined under the Int ...

The risk inherent to a particular investment or portfolio of investments that can be mitigated or reduced through diversification; also known as “diversifiable risk,” & ...

A negotiated sum a landlord is willing to spend to customize space for the needs of a particular tenant; also known as a “tenant finish allowance” or “tenant impr ...

A nonprofit organization providing research and information on land use and development.