Good morning, its Word of the Week Wednesday! Let’s take a look at rentable area. Rentable area refers to the tenant’s usable square footage of a property alongside their portion of the building’s common area.
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CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday! Today let’s look at Real Estate Investment Trust, or “ REIT ” for short. REIT is a type of investment portfolio company that allows individual investors to own fractional shares of income producing and commercial real estate. For investors, using REIT’s may help generate a steady income…
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at ingress and egress. These two words refer to the same issue of rights. Ingress refers to the right to enter onto a property, while egress refers to the right to exit a property. The rights to enter or exit the property may…