Realtor info:
Blue Star Real Estate
Lenny Gerthoffer: Broker/Owner
(805) 884-0040
1029 State Street
Santa Barbara, CA 93101
Links:
Highest and best use
The supposedly anticipated and lawful use of unoccupied land or a restored structure that's 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 equity-like association characteristics in both assets and the increase of the premises at the period of sale or refinance
Hold-over 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 REIT's equity market capitalization and its whole unresolved debt