The factor by which gross rent is multiplied in order to obtain an estimate of value or the ratio between sale price and potential gross income (PGI) or effective gross income (EGI); typically the term used when developing the relationship based on monthly rent.
Global Definitions Database
Gross Rent Multiplier (GRM)
Source: NCREIF | Date: 05 September 2025 | ID: D1190 | Version: 1