Author: CPR Team

Good morning, its Word of the Week Wednesday! Lets take a look at special warranty deed. Special warranty deed is a deed in which the seller, also known as grantor, of a property only warrants against problems or encumbrances in the property title that occurred during the grantor’s ownership.

Good morning, its Word of the Week Wednesday again! Let’s look at modified gross lease. Modified gross lease is a lease agreement where the tenant of a property is responsible for the base rent and splits other expenses with the landlord. The landlord may cover property taxes, insurance, and property maintenance while the tenant may…

Good morning, its Word of the Week Wednesday! Let’s take a look at pro forma. Pro forma is a financial analysis forecasting a property’s cash flow using certain projections or presumptions. This can be estimated by using a combination of historical operating data growth assumptions and current market information.

Good morning, Here’s another Word of the Week Wednesday! Let’s look at income approach. Income approach is a type of appraisal method that allows investors to estimate the value of a property based on the income the property generates. One method is calculated by dividing the net operating income by the capitalization rate.

Good morning, welcome back to Word or the Week Wednesday! Let’s look at cash on cash return. Cash on cash return is a measure of the net annual return, minus debt service, the investor made on a property in relation to the amount of cash or equity applied to the purchase.

Good morning, its Word of the Week Wednesday! Lets take a Look at Commercial Information Exchange, or CIE. A CIE is a listing service for commercial properties to be advertised to other commercial brokers and sometimes to the public while providing information on availabilities, recent sale or lease transactions, market statistics, and contacts.

Good morning, Here’s another Word of the Week Wednesday! Let’s look at return on investment, or ROI. An ROI is a measure used to evaluate the efficiency or profitability of an investment by directly measuring the amount of positive cash flow over a period of time, plus disposition equity realized on a particular investment divided…

Good morning! It’s Word of the Week Wednesday. Let’s look at effective rent. Effective rent, expressed in dollars per square foot either per year or per month depending on market standards, it is a measurement of the value of the lease when all the concessions plus escalations are included.

It’s Word of the Week Wednesday! Let’s take a look at vacancy rate. Vacancy rate is a measurement expressed as a percentage of the vacant space in a rental property, such as a hotel, divided by the total amount of units of the property.

Morning everyone! It’s Word of the Week Wednesday again! Let’s look at floor area ratio. Floor area ratio, or FAR, is the connection between the total square footage of a building and the total square footage of the land parcel on which the building is located.

Good morning everybody, It’s Word of the Week Wednesday! Let’s take a look at due diligence. Due diligence is the important process of investigating all issues and information on a property that would affect the desirability and purchase/sale of that property. A prospect is generally given a due diligence period to conduct inspections and tests…