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Real Estate Financial Modeling Accelerator (Updated October 2024)

Prior to launching the Accelerator program, Michael and I fielded email after email requesting a more structured real estate financial modeling training program on the site. Over the years, we've covered hundreds of real estate modeling…

Festival Center

See Theme Retail Center.

Industrial Flex

An industrial building that can typically be adapted for a wide variety of uses. This may include office space, as well as retail, distribution, or a variety of industrial uses.

Life Plan Community

See Continuing Care Retirement Communities (CCRCs).

Lifestyle Retail Center

Lifestyle retail centers provide dining and entertainment in outdoor settings with upscale national-chain specialty stores. They tend to be over 300,000 SF in size, with a trade area of 8 to 12 miles. Large format upscale specialty is the most…

LTC

See Loan to Cost.

LTV

See Loan to Value.

Regional Mall

These retail centers are connected by a common walkway, with parking generally surrounding the center's perimeter. Stores will include tenants with a full range of general merchandise, shopping services, and fashion offerings. Average regional…

Rear-load

Rear-load warehouses have the loading docks on the rear of the building, in relation to the street from which trucks enter. In other words, as a truck enters the property, it must drive to the rear of the building to access the loading dock…

Power Retail Center

A power center is a retail subtype generally around 450,000 SF and larger, where you will find category-dominant anchors, including discount department stores, wholesale clubs, and off-price stores. Among their most common type of anchors are…

Neighborhood Center

Neighborhood retail centers are also convenience-related and typically have just one anchor, usually grocery or drug stores. A neighborhood center is around 75,000 SF with a trade area of 3 miles. Source: ICSC

LURA

See Land Use Restriction Agreements.

Reinforced concrete

This refers to concrete in which wire mesh or steel bars are embedded into the concrete to increase its strength. In commercial real estate development and construction, reinforced concrete and steel framing add to the building's tensile strength,…

REIT

See Real Estate Investment Trust.

REPE

See Real Estate Private Equity.

Stick Framing

This simply refers to a construction method using wood materials for framing the structure. This method typically uses 2x4 or 2x6 dimensional lumber spaced 16" or 24" apart. Stick-built construction is generally allowed for structures up to…