Realtor info Blue Star Real Estate Lenny Gerthoffer BrokerOwner © 2024 © 2024© 2024 © 2024 State Street Santa Barbara CA © 20241 Links 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