REITs & Public Real Estate REIT Status IRS tax-advantaged designation requiring 90% distribution of taxable income and at least 75% real estate assets.
REITs & Public Real Estate Same-Store NOI NOI growth on properties owned for at least a year — a key REIT performance metric.
REITs & Public Real Estate Special Dividend An extraordinary one-time dividend, often from a property sale.
REITs & Public Real Estate UPREIT Structure Umbrella Partnership REIT — lets owners contribute property in exchange for OP units tax-deferred.
SBA & Government Lending Business Plan A required document detailing the business’s strategy, financials, and operations.
SBA & Government Lending Community Advantage Loan An SBA 7(a) loan available to underserved small businesses through mission-based lenders.
SBA & Government Lending Eligibility Requirements (SBA) Standards a business must meet for SBA loan programs — size, type, and use of proceeds.
SBA & Government Lending Microloan A small loan (typically under $50K) for startups and small businesses, often via nonprofit lenders.
SBA & Government Lending Owner-Occupied Requirement SBA real estate loans require business owners to occupy at least 51% of the space.
SBA & Government Lending Personal Guarantee A business owner’s pledge of personal assets to back a business loan.
SBA & Government Lending Preferred Lender Program (PLP) An SBA designation allowing approved lenders to make 7(a) decisions in-house.
Real Estate Tech & PropTech Smart Lock An electronic lock controllable via phone or keypad, common in short-term rentals.
