Definition:
Percent change in effective rent
from the previous time period, allowances and waived
fees. In apartment properties, the average market rent,
less the present value over the lease term of free rent.
Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.
Definition:
Percent change in effective rent
from the previous time period, allowances and waived
fees. In apartment properties, the average market rent,
less the present value over the lease term of free rent.