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Commercial Real Estate Glossary

Content tagged with: cre underwriting

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Mar 30, 2019

Understanding Replacement Reserves

Replacement reserves is a budget line item used by commercial property underwriters to address periodic maintenance on systems that wear out faster than the building itself.

Aug 20, 2017

NOFA: Notice of Funding Availability in Commercial Real Estate

NOFA or Notice of Funding Availability is a statement issued by the GRRHP  (under the USDA) in the Federal Register. The statement will contain information on the amount of funding to develop homes available for each area along with the period for which the funds will be available for.

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