Hybrid debt

A mortgage condition with equity-like partnership qualities in both available resources and the gain of the piece of real estate at the period of sale or refinance

Improvements

In the condition of renting, the word generally refers to the improvements made to or on the inside of a real estate property but would contian any permanent structure or additional development, like a street, sidewalk, utilities, etc.

Implied cap rate

Net operating earnings divided by the sum of a REIT's equity industry capitalization and its whole outstanding debt

Holdbacks

A part of a loan contract that is not supported until an additional condition is met, like the conclustion of production

Income capitalization value

The suggestion of worth acquired for an income-creating piece of real estate by converting its expected benefits into property value through direct capitalization of expected income or by decreasing the annual cash flows for the holding period at a defined yield rate