Commercial Lease
Everything tagged Commercial Lease in the Commercial Real Estate Glossary.
Articles
BOMA: Building Owners and Managers Association in Commercial Real Estate
BOMA, or the Building Owners and Managers Association, is an international trade association for commercial real estate professionals. The organization, which…
Usable Square Feet vs. Rentable Square Feet in Commercial Real Estate
In commercial real estate, there are two major ways to evaluate a property’s size; usable square feet (USF) and rentable square feet (RSF). In general, this…
Syndication in Commercial Real Estate
Real estate syndication is the process in which multiple investors pool their money together to purchase a commercial property. Learn what you need to know.
Acceleration Clauses in Commercial Real Estate
In real estate, an acceleration clause is a loan provision that permits a lender to force a a borrower to pay off the remaining balance of a loan if the…
Loss to Lease in Commercial Real Estate
Loss to lease is one of the most essential metrics in multifamily real estate, and can be defined as the difference between actual rent and market rent. In…
Rent Escalation Clauses in Commercial Real Estate
In most commercial leases, rents are set to increase over time. How often, and by how much they increase is specified in a lease contract’s rent escalation…
Lease Assignment in Commercial Real Estate
A lease assignment occurs when a tenant fully transfers their lease to another party. This is particularly important for tenants who wish to get out of their…
Lease Renewal in Commercial Real Estate
Commercial leases can last as little as a few months, or as long as 20 years or more. In contrast, multifamily apartment leases are typically 12 months, with…
Modified Gross Leases in Commercial Real Estate
The modified gross lease, also sometimes referred to as the modified net lease, is a combination of the gross lease and the net lease. The operating expenses…
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