Glossary - G
March 24, 2008
General contractor: The prime contractor who contracts for the construction of an entire building or project, rather than just a portion of the work. The general contractor hires subcontractors, coordinates all work and is responsible for payment to subcontractors.
General partner: A member of a partnership who has authority to bind the partnership and shares in the profits and losses of the partnership
Going-in capitalization rate: The capitalization rate computed by dividing the projected first year’s net operating income by the value of the property
Graduated lease: A lease, generally long-term in nature, in which rent varies depending upon future contingencies
Grant: To bestow or transfer an interest in real property by deed or other instrument
Grantee: One to whom a grant is made
Grantor: The person making the grant
Gross building area: The sum of areas at each floor level, including basements, mezzanines and penthouses included within the principal outside faces of the exterior walls and neglecting architectural setbacks or projections
Gross investment in real estate (historic cost): The total amount of equity and debt invested in real estate investments, including the gross purchase price, all acquisition fees and costs, plus subsequent capital improvements, less proceeds from sales and partial sales
Gross leasable area: The portion of total floor area designed for tenants’ occupancy and exclusive use, including storage areas. It is the total area that produces rental income.
Gross lease: A lease in which the tenant pays a flat sum for rent out of which the landlord must pay all expenses such as taxes, insurance, maintenance, utilities, etc.
Gross real estate asset value: The market value of the total real estate investments under management in a fund or individual accounts. It typically includes the total value of all equity positions, debt positions and joint venture ownership positions, including the amount of any mortgages or notes payable related to those assets.
Gross real estate investment value: The market value of real estate investments held in a portfolio without regard to debt, equal to the total of real estate investments as shown on a statement of assets and liabilities on a market-value basis
Gross returns: Returns generated from the operation of real estate without dilution for adviser or manager fees
Ground rent: Rent paid to the owner for use of land, normally on which to build a building. Generally, the arrangement is that of a long-term lease (e.g. 99 years) with the lessor retaining title to the land.
Guarantor: One who makes a guaranty
Guaranty: Agreement whereby the guarantor assures satisfaction of the debt of another or performs the obligation of another if and when the debtor fails to do so
.
.
.
.
.
.
.
.
.
.
.
.
commercial real estate mortgage loan
commercial investment mortgage
commercial real estate mortgages
commercial real estate lenders
commercial real estate brokerage
commercial business loan mortgage
commercial real estate agencies
financing for commercial property
commercial property loan rates
commercial property loan interest
mortgage on commercial property
mortgage rates for commercial property
commercial real estate mortgage rates
industrial commercial mortgage
commercial real estate interest rate
commercial real estate finance
commercial real estate for sale
wholesale commercial mortgage lender
commercial property mortgage interest rates
commercial real estate valuation
stated income commercial loans
commercial mortgage lender florida
commercial real estate second mortgage
commercial real estate funding
business acquisition financing
commercial real estate investment loans
mortgage lender commercial loan
commercial real estate loan broker
loan for commercial real estate
commercial real estate financing
mortgage for commercial property
commercial mortgage interest rate
multifamily commercial mortgage
commercial mortgage interest rates
commercial construction loan company
commercial real estate bridge loan
commercial investment properties
stated income commercial mortgage
commercial property loan calculator
commercial real estate loan rate
commercial property mortgage calculator
commercial real estate loan rates
commercial industrial mortgages
commercial real estate information
commercial property mortgage rate
real estate development financing
commercial real estate mortgage
business real estate financing
lowest commercial mortgage rate
commercial real estate direct lenders
commercial loan miami mortgage
commercial real estate mortgage broker
commercial real estate financing loan
commercial property interest rates
commercial construction financing
commercial real estate development
commercial construction loan florida
