A to Z · 1055 Terms

Real estate & finance, demystified.

The jargon can be exhausting. Here’s a plain-English glossary covering real estate, lending, investment, and the business-finance ecosystem that surrounds them.

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Property Types

Memory Care

Specialized senior facilities serving residents with Alzheimer’s or dementia.

Property Types

Mid-Rise

A multistory building between 4 and 9 stories.

Property Types

Mixed-Use Property

Real estate containing both residential and commercial spaces.

Property Types

Mobile Home

A factory-built dwelling built before HUD code (1976), often classified as personal property.

Property Types

Modular Home

A home built in sections at a factory then assembled on a permanent foundation on-site.

Property Types

Multifamily (5+)

Residential property with five or more units, classified as commercial for lending purposes.

Property Types

Neighborhood Center

A retail center anchored by a grocery store serving daily needs of nearby residents.

Property Types

Office Building

A commercial property used primarily for professional workspaces, classified by Class A, B, or C.

Property Types

Patio Home

A small single-family home, often in a 55+ community, with minimal yard maintenance.

Property Types

Penthouse

An upscale residence on the top floor of a multi-story building.

Property Types

Power Center

A retail center anchored by multiple big-box stores.

Property Types

Craftsman Style

A home style featuring handcrafted woodwork, low-pitched roofs, and natural materials.