Glossary

TTM in real estate refers to Trailing Twelve Months, providing a current view of financial health by smoothing out seasonal changes.

Collateralized Loan Obligations (CLOs) are a popular, flexible real estate investment with varying risk and return levels. They offer potential high returns.

Distressed real estate refers to properties facing financial challenges, such as foreclosure risk, often sold below their value.

FF&E, or Furniture, Fixtures, and Equipment, are crucial movable items in property design, impacting budget, lead times, and design.

Accretion is the natural increase of land due to deposition from water bodies, benefiting property owners and impacting land borders.

A marketable title in real estate is clear of any major issues or claims, ensuring smooth property transfers for buyers and sellers.

When leasing a property, the tenant must adhere to the agreement, maintain the property, and may face fees for early termination.

Investors utilize Securities Act of 1933’s Rule 506(b) for private placements and real estate projects, raising unlimited capital from accredited and non-accredited investors.

In real estate, addendums and amendments change contracts. However, they have different roles in managing contracts. An addendum adds new terms to a contract, while an amendment changes the existing

The operating ratio in real estate evaluates property efficiency by dividing total operating expenses by total income (net sales).