The price property will bring in a fair market, after fair and reasonable efforts have been made to [...]

The process of recovering, over a stated period of time, a capital investment; the provision for the [...]

Buying in one market while selling simultaneously in another to make a profit (minus transaction costs). [...]

The process of converting into a present value (obtaining present worth of) a series of anticipated [...]

The rate used to convert income into value. [...]

The interest on interest; interest earned during a given period is added to the principal and included [...]

Various statistical indexes gathered and published by the U.S. federal government as economic indicators. [...]

A method in which the value of a property is derived by estimating the replacement cost of the improvements, [...]

Any financing arrangement other than a traditional mortgage from a third-party lending institution. [...]

The payments consisting of amortization and interest on a loan. [...]

A loss from the upper limit of value caused by deterioration and/or obsolescence. [...]

An interest rate commensurate with perceived risk; used to convert future payments or receipts to present [...]

Similar to an UPREIT, with the difference lying in asset holdings. Most of a DOWNREIT's holdings are [...]

The net value of a property, obtained by subtracting from its total value all liens and other charges [...]

Net income, excluding gains (or losses) from debt restructuring and sales of property, plus depreciation [...]

An appraisal technique in which the anticipated net income is processed to indicate the capital amount [...]

The use of borrowed funds to complete an investment transaction. The higher the proportion of borrowed [...]

An appraisal technique in which the market value estimate is predicated upon prices paid in actual market [...]

The price to expect if a reasonable time is allowed to find a purchaser and if both seller and prospective [...]

The total annual payment of principal and interest (annual debt service) on a level-payment amortized [...]

A lease agreement in which the percentage rent rate changes at various increments of sales. [...]

The income after deducting from gross income the operating expenses, including property taxes; insurance; [...]

Generally speaking, all expenses, occurring periodically, that are necessary to produce net income before [...]

The annual rate at which capital investment is returned to an investor over a specified period of time; [...]

ICSC, NAREIT, "Barron's Dictionary of Real Estate Terms." [...]

that a dollar received today is worth more than a dollar in the future, due to opportunity, cost, inflation [...]

In the typical umbrella partnership real estate investment trust (UPREIT), the partners of an existing [...]