Good morning, its Word of the Week Wednesday! Let’s take a look at pro forma. Pro forma is a financial analysis forecasting a property’s cash flow using certain projections or presumptions. This can be estimated by using a combination of historical operating data growth assumptions and current market information.
Similar Posts
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday again! Let’s look at modified gross lease. Modified gross lease is a lease agreement where the tenant of a property is responsible for the base rent and splits other expenses with the landlord. The landlord may cover property taxes, insurance, and property maintenance while the tenant may…
Commercial Partners Realty Awarded for Top Producers in 2020
Commercial Partners Realty is proud to announce that our team members received a number of top Awards for 2020. The Florida Gulfcoast Commercial Association of Realtors (FGCAR) recently announced their annual Pinnacle Awards. Pinnacle Awards are presented in multiple categories for both regional and national firms. These awards recognize the area’s top commercial realtors, and…
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s look at effective rent. Effective rent, expressed in dollars per square foot either per year or per month depending on market standards, it is a measurement of the value of the lease when all the concessions plus escalations are included.
CPR Team Announces Recent Transactions
The Commercial Partners Realty team is pleased to announce our recent commercial real estate transactions. Jim Engelmann represented the seller in the sale of sale of 165 Acres of land that sold in 2 phases during the past 6 months. The property was located on the busy State Rd 54 corridor in Pasco County, FL….
Commercial Partners Realty Represents Tenant in the Tampa Airport Industrial Sub-market.
Commercial Partners Realty is excited to announce that our Airport Industrial specialist Marko Radosavljevic has recently completed a lease transaction for his client, the Tampa Bay Times. The lease was for 16,185 SF of warehouse space in the Thompson Center II industrial park located at 5411 & 5505 Johns Rd Tampa. This location is ideal…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday again! Let’s introduce the phrase common area maintenance, or CAM. CAM refers to additional expenses paid by tenants meant to cover costs of daily operations of the property. The percentage of this fee is calculated by dividing tenant’s square footage by total square footage of the building.