Commercial Real Estate Terms You NEED To Know in 2023 // When I first got started in commercial real estate, sometimes I felt like I was listening to an entirely different language when sitting in meetings, and there's definitely some industry “lingo” that you’re going to need to learn if you're just getting started in the business.
And right now (given the current state of the market), there are a few specific terms that are being thrown around a lot in today’s environment that you won’t necessarily find in a textbook, but you’re going to want to know to keep up with the conversation.
So to make sure that you’re in the loop when these things come up in meetings, conversations with your manager, or even in an interview, in this week's video, I want to walk through 4 different commercial real estate terms (and groups of terms) that are particularly important in 2023, and what each of these are referring to in the context of today’s commercial real estate market.
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Crowdstreet: https://crowdstreet.4cl7.net/c/2975738/592761/9753
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🕒 Timestamps 🕒
0:00 Introduction
0:53 Pricing Terminology
2:50 Yield Expectation Terminology
4:15 Risk Terminology
5:33 Lending Terminology
8:02 How To Land a Job in Commercial Real Estate
#commercialrealestate #realestateinvesting
*Nothing in this video should be construed as tax, legal, accounting, valuation, or financial advice or recommendation. All information in this video is intended solely for educational purposes, and you are advised to consult with your own personal professional advisors regarding your personal investment decisions.
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Research and articles referenced in this video:
https://www.cbre.com/insights/reports/us-cap-rate-survey-h2-2022