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Blue Star Real Estate
Lenny Gerthoffer BrokerOwner
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Santa Barbara CA © 20241
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Highest and best use
The supposedly anticipated and lawful use of unoccupied land or a restored structure thats physically possible suitably backed financially possible and that ends in the most ideal value
HVAC
The acronym for heating ventilating and air conditioning
Hybrid debt
A mortgage situation with equitylike association characteristics in both assets and the increase of the premises at the period of sale or refinance
Holdover tenant
A leaseholder keeping possession of the rental following the finish of a lease
Implied cap rate
Overall operating earnings divided by the sum of a REITs equity market capitalization and its whole unresolved debt
More SANTA BARBARA real estate terms