Real Estate Glossary

Real Estate Glossary

There are 17 entries in this glossary.
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Glossaries

Term Main definition
Buildout

The cost of configuring and finishing new or relet space in accordance with a tenant's specifications.

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Bullet Loan

Also known as a Construction loan, any of a variety of short-term (generally five to seven years) financing provided by a lender to a developer to cover the costs of construction and lease-up of a new building with the expectation that it would be replaced by long-term (or "permanent") financing provided by an institutional investor once most of risk involved in construction and lease-up had been over come resulting in an income producing property.

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