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Search Results for:

Development

Definitions

The process encompasses activities that range from preparation of an area of vacant land and installation of infrastructure to the construction of a property. Sometimes referred to ...

Predevelopment

Definitions

Predevelopment is the initial stage of development. It generally includes activities pertaining to the preparation of a site or land parcel and infrastructure in anticipation of th ...

Umnutzung

Definitions

Umfasst den Erhalt oder die Änderung von Flächennutzungsgenehmigungen sowie zur Finanzierung und Bauausführung mit den Ziel der Immobilienwertsteigerung. Unter Umnut ...

Redevelopment

Definitions

The act or process of improving or changing a site with pre-existing conditions or land use type through (partial) demolition of the existing real property or infrastructure and re ...

Renovation

Definitions

The process of improving, remodeling and/or rehabilitating a real estate asset in order to enhance its intended function, extend the period of usage and increase value and/or relat ...

Standing investment

Definitions

Operational real estate assets that are completed and lettable and not in the course of, or held for, development.

Stepped Rent

Definitions

A component of a lease agreement that is used to establish future rent increases or decreases at stated intervals during a longer-term lease agreement. Also known as “step re ...

Governmental Accounting Standards Board (GASB)

Definitions

The designated organization to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users o ...

Generally Accepted Accounting Principles (GAAP)

Definitions

GAAP are the standards, conventions, and rules that accountants follow in recording and summarizing transactions and in preparing financial statements. GAAP, measured at fair value ...

Fair Value Generally Accepted Accounting Principles (FV GAAP)

Definitions

The foundational standards for fair value accounting used to report by the institutional real estate investment community to both tax-exempt investors (e.g. pension funds) as well ...

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