A risk-adjusted performance measure that represents the average return on a portfolio or investment, above or below that predicted by the capital asset pricing model (CAPM), given ...

A debt financing obligation issued to a company or an individual by a bank or similar financial institution which is lower in priority to a first or more senior debt/loan/mortgage. ...

With reference to leasing:  a right of a party to terminate an agreement, such as a tenant’s or landlord’s right to terminate a lease based on insufficient percent ...

Implemented in 2012 by FINRA Rule 2090 (Know Your Customer) and Rule 2111 (Suitability), regulations that require broker-dealers to know and keep essential facts of their customers ...

The vacancy in between consecutive leases.

A method used to value land, in the absence of vacant land sales, by using a typical ratio of land to improvement value; also known as “allocation method”.

Any activity that modifies the visible features of an area of land.

The investment banking firm that handles the principal responsibilities for coordinating the new issuance of securities.

An agreement whereby the owner of real property gives the right of possession to another for a specified period of time and for a specified consideration.

The formal legal document entered into between a landlord and a tenant to reflect the terms of the negotiations between the parties.