What are the key mortgage terms?
In an adjustable-rate mortgage (ARM), the interest rate is generally fixed for a short period of time, after which it is periodically adjusted up or down to a reference market rate...
What are the human factors in sustainable hotel operations?
In the United States, hotel management companies typically employ the hotel staff. Outside the US, the owners of hotel property commonly employ hotel staff and are liable for all...
What are the fees in hotel operations?
In addition to the hotel operator's base management fee, other issues affecting a hotel's operational performance include: Incentive fee – Typically based on adjusted GOP, calculat...
What are the feasibility study obstacles?
Developers commonly question the usefulness of feasibility studies and commonly view them to be ineffective at predicting the performance of development projects. They are general...
What are the environmental factors in sustainable hotel operations?
Sustainable hotels respect the socio-economic needs of hotel staff and the local community and are operated for the profit of the hotel owners and operators while lowering their en...
What are the environmental attributes of property?
Environmental attributes are the distinct but related geographic characteristics used in defining the market context in which a particular property is located. Markets (neighborho...
What are the direct CRE lenders?
A private debt fund is a direct lending fund, commonly in the form of a closed-end investment company, generally only for the investing of institutional investors and high-net-wort...
What are the CRE credit risk metrics?
For commercial real estate loans, the income-generating capacity of the property to support the loan must be carefully analyzed and fully understand. The underwriting of CRE loans...
What are the costs and fees in the DMA?
The development management agreement (DMA) clarifies what constitutes development costs and assigns responsibility for incurring them. Total development costs, which are borne by...
What are the common loan repayment methods?
Mortgage loans may be structured as amortizing, balloon or bullet loans. A residential mortgage is generally an amortizing loan, in which the loan payments of principal and intere...
