Appraisal

Appraisal

An appraisal is an opinion of the value of a property. Generally, an accredited appraiser documents this estimate in a written report. Contents of...
Capitalization rate (cap rate)

Capitalization rate (cap rate)

The capitalization rate (cap rate) is a metric used to value commercial real estate investments. The ratio of the annual net operating income to the original cost...
After-repair value (ARV)

After-repair value (ARV)

After-repair value (ARV) is an estimate of the value of a property after it’s repaired. This serves as a proxy...
Vetting Deals

Vetting Deals

See “Underwriting”.
Value-add Project

Value-add Project

A property that has gone through or is planned to go through a renovation to add value.
U.S. Person

U.S. Person

To be considered a U.S. person one must meet the below requirements: A citizen or resident of the United States...
Underwriting

Underwriting

Underwriting is the act of guaranteeing the financial viability of a project or securities issuance. In real estate, a lender...
Title

Title

A legal document evidencing a person’s right to or ownership of a property.
Senior debt

Senior debt

Senior debt is borrowed money with precedence over any other debts owed by an issuer. It takes priority for repayment...
SSL Protection

SSL Protection

SSL (Secure Sockets Layer) is the standard security technology for establishing an encrypted link between a web server and a...