Realtor info:
Blue Star Real Estate
Lenny Gerthoffer: Broker/Owner
(805) 884-0040
1029 State Street
Santa Barbara, CA 93101
Links:
Incentive fee
Refers to fee structures where the total amount of the fee that is charged is determined by the efficiency of the real estate assets under management
Income capitalization value
The signal of market value acquired for an income-creating piece of real estate by turning its projected benefits into property worth through direct capitalization of likely income or by reducing the annual cash flows for the holding period at a specified yield rate
Holdbacks
A portion of a loan obligation that is not funded until an additional specification is met, for instance the conclustion of development
Improvements
In the condition of leasing, the word usually refers to the upgrades made to or inside a real estate property but could involve any lasting structure or additional development, like a street, sidewalk, utilities, etc.
HVAC
The acronym for heating, ventilating and air conditioning