Holdbacks

A portion of a loan commitment that's not supported until a second specification is met, like completion of construction

Income capitalization value

The suggestion of worth derived for an income-producing piece of property by reorganizing its projected advantages into property worth through direct capitalization of expected income or by discounting the annual cash flows for the holding period at a defined yield rate

Hybrid debt

A mortgage form with equity-like affiliation qualities in both cash flow and the growth of the premises at the phase of sale or refinance

Incentive fee

Is associated with fee structures where the total amount of the fee that is billed is estimated by the performance of the real estate assets under management

Highest and best use

The supposedly available and legal use of abandoned land or a restored structure that's literally possible, properly sustained, financially feasible and that results in the most ideal value