Multifamily Real Estate Glossary

What is an eREIT?

An eREIT is an electronically traded Real Estate Investment Trust that allows investors to invest in portfolios of income-generating real estate assets online, offering lower costs and more accessible liquidity options compared to traditional REITs.

April 20, 2024

What is Fundrise?

Fundrise is an online real estate investment platform that enables both accredited and non-accredited investors to engage in real estate crowdfunding, investing in diversified portfolios through eREITs and eFunds with low minimum investments.

April 20, 2024

What is a Fannie Mae HomeStyle Renovation Mortgage?

The Fannie Mae HomeStyle Renovation Mortgage is a conventional loan that allows borrowers to combine the purchase or refinance of a home with the costs of its renovations into a single loan with a competitive interest rate, applicable to various types of properties and renovations.

April 20, 2024

What are the Best Sources of Rehab Financing?

Real estate rehab projects can be financed through various sources such as hard money loans, private lenders, HELOCs, cash-out refinancing, government renovation loans, construction loans, investment partnerships, and crowdfunding platforms.

April 20, 2024

What is Evolve Short-Term Rental Management?

Evolve is a short-term rental management company founded in 2011 that optimizes rental income with a cost-effective approach, offering marketing, booking, and customer support while allowing property owners to manage on-site services, all for a lower fee.

April 20, 2024

What is Vacasa?

Vacasa is a comprehensive vacation rental management company founded in 2009, managing over 25,000 properties globally and offering services from marketing and booking to maintenance and real estate brokerage.

April 20, 2024

What are the Biggest Short-Term Rental Property Management Companies?

Major short-term rental property management companies like Vacasa, Evolve, TurnKey, and Sonder provide comprehensive services ranging from full property management to tech-enhanced self-management solutions, catering to diverse property owner needs.

April 20, 2024

What is a Right-of-Use Asset in Real Estate?

A right-of-use asset in real estate is an accounting entry that represents a lessee's right to use a leased property, recorded on the balance sheet under IFRS 16 and ASC 842 standards, and includes initial lease costs, payments, and incentives, amortized over the lease term.

April 20, 2024

What is IFRS 16 and How Does it Apply to Real Estate?

IFRS 16 is a financial reporting standard that requires companies to include nearly all real estate leases on their balance sheets as assets and liabilities, significantly altering how these transactions are reported and affecting financial metrics.

April 20, 2024

What is Visual Lease?

VisualLease is a software platform that provides tools for lease accounting, administration, and management, helping organizations comply with financial reporting standards and streamline lease portfolio management.

April 20, 2024

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Multifamily Real Estate Glossary

What is an eREIT?

What is Fundrise?

What is a Fannie Mae HomeStyle Renovation Mortgage?

What are the Best Sources of Rehab Financing?

What is Evolve Short-Term Rental Management?

What is Vacasa?

What are the Biggest Short-Term Rental Property Management Companies?

What is a Right-of-Use Asset in Real Estate?

What is IFRS 16 and How Does it Apply to Real Estate?

What is Visual Lease?

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