GLOSSARY

Essential AI and CRE Terms for Modern Professionals

Explore essential AI and real estate terms with Leni's glossary. Enhance your knowledge with clear definitions tailored for real estate professionals.

Lis Pendens in Real Estate

Wed Dec 10 2025
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Lis Pendens in Real Estate

ServiceTitan for Real Estate | Property Management

Mon Dec 08 2025
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ServiceTitan for Real Estate | Property Management

What Is a Real Estate API? Complete Guide for 2025

Thu Dec 04 2025
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What Is a Real Estate API? Complete Guide for 2025

General Ledger in Real Estate: Meaning and Key Functions

Thu Dec 04 2025
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General Ledger in Real Estate: Meaning and Key Functions

Standby Letter of Credit (SBLC) in Real Estate

Tue Dec 02 2025
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Standby Letter of Credit (SBLC) in Real Estate

Breaking a Lease in Multifamily Real Estate

Tue Dec 02 2025
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Breaking a Lease in Multifamily Real Estate

What is Leni? An Introduction to the AI Analyst for Real Estate

Wed Nov 19 2025
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What is Leni? An Introduction to the AI Analyst for Real Estate

What Does “Tract” Mean in Real Estate?

Wed Nov 12 2025
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What Does “Tract” Mean in Real Estate?

What is Reversion Value in Real Estate?

Wed Nov 12 2025
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What is Reversion Value in Real Estate?

What Is AUM in Real Estate?

Wed Nov 05 2025
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What Is AUM in Real Estate?

409A Valuation in Real Estate

Thu Oct 30 2025
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409A Valuation in Real Estate

Azibo in Multifamily Real Estate

Thu Oct 30 2025
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Azibo in Multifamily Real Estate

What is a Landlocked Property?

Tue Oct 28 2025
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What is a Landlocked Property?

What is CMCA Certification in Property Management?

Tue Oct 28 2025
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What is CMCA Certification in Property Management?

What Does PFC Mean in Multifamily Real Estate?

Tue Oct 28 2025
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What Does PFC Mean in Multifamily Real Estate?

What is a Stalking Horse Bid?

Tue Oct 28 2025
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What is a Stalking Horse Bid?

What is CMBS in Real Estate?

Tue Oct 28 2025
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What is CMBS in Real Estate?

Everything You Need to Know About Accessory Dwelling Units (ADUs)

Fri Oct 24 2025
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Everything You Need to Know About Accessory Dwelling Units (ADUs)

What is CPM Certification in Property Management?

Fri Oct 17 2025
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What is CPM Certification in Property Management?

What is RealtyMogul?

Fri Oct 17 2025
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What is RealtyMogul?

What is CAM Certification in Property Management?

Fri Oct 10 2025
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What is CAM Certification in Property Management?

What is Asset Living?

Fri Oct 10 2025
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What is Asset Living?

What is Collateral Analysis?

Thu Sep 18 2025
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What is Collateral Analysis?

What is a Home Buyer Rebate?

Thu Sep 18 2025
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What is a Home Buyer Rebate?

BOMA in Real Estate

Wed Sep 17 2025
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BOMA in Real Estate

Cash-on-Cash Return in Real Estate

Wed Sep 17 2025
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Cash-on-Cash Return in Real Estate

Basis Points (BPS) in Commercial Real Estate

Fri Sep 05 2025
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Basis Points (BPS) in Commercial Real Estate

Encumbrance in Commercial Real Estate

Fri Sep 05 2025
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Encumbrance in Commercial Real Estate

Pet Screening in Real Estate

Fri Sep 05 2025
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Pet Screening in Real Estate

Rental Arbitrage in Real Estate

Fri Sep 05 2025
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Rental Arbitrage in Real Estate

Riparian Rights: What They Mean for Landowners

Mon Sep 01 2025
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Riparian Rights: What They Mean for Landowners

RealtyTrac: A Closer Look at the Foreclosure Data Platform

Mon Sep 01 2025
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RealtyTrac: A Closer Look at the Foreclosure Data Platform

Inside Origin Investments: Multifamily Real Estate with a Data-Driven Approach

Mon Sep 01 2025
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Inside Origin Investments: Multifamily Real Estate with a Data-Driven Approach

Understanding REITs: An Introduction to Real Estate Investment Trusts

Wed Aug 13 2025
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Understanding REITs: An Introduction to Real Estate Investment Trusts

Who is Green Street Advisors?

Thu Jul 31 2025
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Who is Green Street Advisors?

What is Encroachment in Real Estate?

Wed Jul 16 2025
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What is Encroachment in Real Estate?

What is DoorLoop? A Complete Overview of the Property Management Software

Wed Jul 16 2025
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What is DoorLoop? A Complete Overview of the Property Management Software

What is AirDNA in Real Estate?

Wed Jul 16 2025
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What is AirDNA in Real Estate?

What is Matterport?

Wed Jul 16 2025
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What is Matterport?

What is a Building Implosion and How Does it Work?

Wed Jul 09 2025
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What is a Building Implosion and How Does it Work?

What Is a Certificate-Backed Mortgage?

Tue Jul 08 2025
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What Is a Certificate-Backed Mortgage?

What is Motili?

Tue Jun 24 2025
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What is Motili?

What Is a Debenture and How Does It Work in Real Estate?

Tue Jun 24 2025
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What Is a Debenture and How Does It Work in Real Estate?

What is a non-recourse loan in real estate?

Fri Jun 20 2025
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What is a non-recourse loan in real estate?

What is IREM in Real Estate?

Fri Jun 20 2025
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What is IREM in Real Estate?

What is a Squatter and What Are Squatters’ Rights?

Tue May 20 2025
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What is a Squatter and What Are Squatters’ Rights?

What is Trepp?

Tue May 20 2025
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What is Trepp?

What is PropertyRadar? A Complete Overview for Real Estate Investors

Tue May 13 2025
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What is PropertyRadar? A Complete Overview for Real Estate Investors

CoreLogic Explained: What It Is & Why It Matters

Mon May 12 2025
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CoreLogic Explained: What It Is & Why It Matters

Understanding the Capital Stack: Key Concepts and Insights

Mon May 12 2025
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Understanding the Capital Stack: Key Concepts and Insights

What is Net Lettable Area (NLA) and Why Does It Matter in Commercial Real Estate?

Mon May 12 2025
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What is Net Lettable Area (NLA) and Why Does It Matter in Commercial Real Estate?

What is the Equal Credit Opportunity Act (ECOA) as it relates to Real Estate?

Mon May 12 2025
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What is the Equal Credit Opportunity Act (ECOA) as it relates to Real Estate?

What Is HomeLight and How Does It Work?

Mon May 05 2025
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What Is HomeLight and How Does It Work?

What is Guesty in Real Estate?

Mon May 05 2025
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What is Guesty in Real Estate?

Vacasa: Redefining Vacation Rental Management with Tech, Trust, and Local Expertise

Mon Apr 28 2025
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Vacasa: Redefining Vacation Rental Management with Tech, Trust, and Local Expertise

What Does “Arrendador” Mean in a Lease? A Complete Explanation

Mon Mar 31 2025
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What Does “Arrendador” Mean in a Lease? A Complete Explanation

Evernest Property Management: Everything You Need To Know

Mon Mar 31 2025
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Evernest Property Management: Everything You Need To Know

What is SOFR in real estate?

Mon Mar 31 2025
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What is SOFR in real estate?

What Does A Conservice Fee Mean In Real Estate?

Thu Mar 27 2025
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What Does A Conservice Fee Mean In Real Estate?

Wall Street Prep: Bridging the Gap Between Academia and Finance Careers

Thu Mar 27 2025
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Wall Street Prep: Bridging the Gap Between Academia and Finance Careers

Understanding Suburbanization: The Shift from Urban to Suburban Living

Thu Mar 27 2025
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How Do Convertible Notes Work? A Simple Breakdown for Investors and Founders

Thu Mar 27 2025
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How Do Convertible Notes Work? A Simple Breakdown for Investors and Founders

What is RUBS in Real Estate? It’s Key components, Types, and Benefits

Thu Mar 27 2025
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What is RUBS in Real Estate? It’s Key components, Types, and Benefits

What are the Key Differences Between Pari Passu and Pro Rata in Real Estate?

Thu Mar 27 2025
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What is Cohost Market?

Thu Mar 27 2025
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What is Cohost Market?

What is a Special Purpose Entity?

Thu Mar 27 2025
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What is a Special Purpose Entity?

What is an Axonometric Model of a Building?

Thu Mar 27 2025
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What is Fair Market Rent, and How is it Determined?

Thu Mar 27 2025
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What is Fair Market Rent, and How is it Determined?

What is a Rent Ledger and Why Do You Need It?

Thu Mar 27 2025
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What is SLOOS in Real Estate?

Thu Mar 27 2025
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What is the meaning of “Buy Box” in real estate?

Thu Mar 27 2025
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What is the meaning of “Buy Box” in real estate?

What is RentPrep?

Thu Mar 27 2025
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What is Hypothecation in Real Estate?

Mon Mar 03 2025
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What is Hypothecation in Real Estate?

Loan Assumption in Real Estate: A Comprehensive Guide

Mon Mar 03 2025
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Loan Assumption in Real Estate: A Comprehensive Guide

What is Workforce Housing?

Mon Mar 03 2025
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What is Workforce Housing?

What is AMI (Area Median Income) in Real Estate?

Mon Mar 03 2025
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What is AMI (Area Median Income) in Real Estate?

What is Pricelabs?

Mon Mar 03 2025
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What is Pricelabs?

How to Calculate MOIC in Venture Capital: A Comprehensive Guide

Mon Mar 03 2025
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How to Calculate MOIC in Venture Capital: A Comprehensive Guide

What is Real Estate Portfolio Management? A Beginner’s Guide

Wed Feb 26 2025
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What is Real Estate Portfolio Management? A Beginner’s Guide

What Is the Multiple Nuclei Model of Cities?

Tue Feb 25 2025
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What is Real Capital Analytics?

Tue Feb 25 2025
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What is Real Capital Analytics?

AFFO Explained: Why It Matters in Real Estate Investing?

Tue Feb 25 2025
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AFFO Explained: Why It Matters in Real Estate Investing?

What is PropStream? A Quick Overview

Tue Feb 18 2025
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What is PropStream? A Quick Overview

What is GIS? A Simple Explanation for Everyone

Mon Feb 10 2025
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What is a strip mall?

Thu Jan 16 2025
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What is a strip mall?

What is Concession Chargeback in multifamily?

Thu Jan 09 2025
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What is Concession Chargeback in multifamily?

What are Opportunity Loans in real estate?

Thu Jan 09 2025
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What is High-Density Housing?

Wed Jan 08 2025
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What is High-Density Housing?

What is CapEx in real estate?

Wed Jan 08 2025
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What is “Inclusive Architecture” in real estate?

Tue Jan 07 2025
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What is an LPR System in multifamily housing?

Mon Jan 06 2025
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What is Digital Leasing?

Mon Jan 06 2025
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What is Digital Leasing?

What NNN mean in real estate?

Thu Nov 28 2024
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What NNN mean in real estate?

What is an Estoppel certificate?

Wed Nov 27 2024
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What is an Estoppel certificate?

What Is gross vs net rent in real estate

Tue Nov 26 2024
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What Is gross vs net rent in real estate

Business analytics in real estate : Key Applications

Tue Nov 26 2024
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Business analytics in real estate : Key Applications

What does real estate asset manager do?

Tue Nov 26 2024
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What is mid-market real estate?

Tue Nov 26 2024
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What is mid-market real estate?

What is multifamily asset management software for real estate?

Tue Nov 26 2024
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What is Commercial Real Estate Portfolio Management?

Tue Nov 26 2024
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What is Commercial Real Estate Portfolio Management?

What are key asset management metrics in real estate?

Tue Nov 26 2024
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What are key asset management metrics in real estate?

What is property market data analysis?

Mon Nov 25 2024
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What is property market data analysis?

What is real estate data analytics?

Mon Nov 25 2024
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What is ROU and how does it apply to real estate?

Mon Nov 25 2024
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What is ROU and how does it apply to real estate?

What is the T12 in real estate?

Mon Nov 25 2024
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What is a real estate asset management software?

Mon Nov 18 2024
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What does real estate asset management mean?

Mon Nov 18 2024
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What does real estate asset management mean?

What is Accession in real estate?

Thu Sep 12 2024
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How to calculate MOIC VC in real estate?

Thu Sep 12 2024
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What is triple net (NNN) vs gross lease in real estate?

Thu Sep 12 2024
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What is triple net (NNN) vs gross lease in real estate?

What is YoY Analysis in real estate?

Mon Sep 09 2024
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What is YoY Analysis in real estate?

What is regression analysis?

Mon Sep 09 2024
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What is regression analysis?

What is NOI in real estate? How is NOI calculated?

Mon Sep 09 2024
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What is NOI in real estate? How is NOI calculated?

What basis points mean in real estate?

Mon Sep 09 2024
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What basis points mean in real estate?

What is a “short sale” in real estate?

Mon Sep 09 2024
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What is Absorption Rate in real estate?

Wed Sep 04 2024
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What is Absorption Rate in real estate?

What Is a Gateway Market? A Complete Guide

Wed Sep 04 2024
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What is Operating Ratio in real estate?

Wed Sep 04 2024
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What is Operating Ratio in real estate?

Addendum vs Amendment in real estate?

Wed Sep 04 2024
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What is Rule 506(b) Offering in real estate?

Wed Sep 04 2024
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What is marketable itle in real estate?

Wed Sep 04 2024
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What is Accretion in real estate?

Wed Sep 04 2024
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What does FF&E stand for in real estate?

Wed Sep 04 2024
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What does FF&E stand for in real estate?

What is a Distressed Property?

Wed Sep 04 2024
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What is a Distressed Property?

What is a CLO in real estate?

Wed Sep 04 2024
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What is TTM or Trailing Twelve Months in real estate?

Wed Sep 04 2024
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What does ‘capped’ mean in real estate?

Wed Sep 04 2024
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Understanding the Going-In Cap Rate in Real Estate

Wed Sep 04 2024
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Understanding the Going-In Cap Rate in Real Estate

NPV Real Estate: How to Calculate Net Present Value

Wed Sep 04 2024
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What Internal Rate of Return (IRR) is good and how to calculate it?

Wed Sep 04 2024
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What Internal Rate of Return (IRR) is good and how to calculate it?

What does prime real estate mean?

Wed Sep 04 2024
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What does pro-rata basis mean in real estate?

Wed Sep 04 2024
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What does pro-rata basis mean in real estate?

What does seller concession mean in real estate?

Wed Sep 04 2024
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What is STR in real estate?

Wed Sep 04 2024
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What is STR in real estate?

Subletting Meaning: What It Is and How It Works

Wed Sep 04 2024
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Subletting Meaning: What It Is and How It Works

Subordination Meaning in Real Estate Explained

Wed Sep 04 2024
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Subordination Meaning in Real Estate Explained

What is a variance in real estate?

Wed Sep 04 2024
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What does 'leased' mean in real estate?

Wed Sep 04 2024
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What does 'leased' mean in real estate?

What does PML mean in real estate and how to calculate it?

Tue Sep 03 2024
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What does PML mean in real estate and how to calculate it?

What does real estate term obsolescence mean?

Tue Sep 03 2024
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What does real estate term obsolescence mean?

What does FSBO mean in real estate?

Tue Sep 03 2024
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What does FSBO mean in real estate?

What is leasehold improvements in real estate?

Tue Sep 03 2024
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What is leasehold improvements in real estate?

What is Admin Fee Apartment in real estate?

Wed Aug 21 2024
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What is Admin Fee Apartment in real estate?

What Is Seller Credit on a House? Explained Simply

Wed Aug 21 2024
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What Is Seller Credit on a House? Explained Simply

What is a Capital Call in real estate?

Wed Aug 21 2024
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What is a Capital Call in real estate?

What does STR stand for in real estate?

Wed Aug 21 2024
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What does STR stand for in real estate?

Define Appurtenance in Real Estate?

Wed Aug 21 2024
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Define Appurtenance in Real Estate?

What Is Concession Rent in real estate?

Wed Aug 21 2024
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What Is Concession Rent in real estate?

What are Ingress and Egress Mean in Real Estate?

Wed Aug 21 2024
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What are Ingress and Egress Mean in Real Estate?

What does HOA stand for real estate?

Wed Aug 21 2024
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What does HOA stand for real estate?

How DSCR loan work in real estate?

Wed Aug 21 2024
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How DSCR loan work in real estate?

What is SOFR (Secured Overnight Financing Rate) in real estate?

Wed Aug 21 2024
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What is OCR in real estate?

Wed Aug 21 2024
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What is OCR in real estate?

What is a benchmark in real estate?

Wed Aug 21 2024
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What is an MSA in real estate?

Wed Aug 21 2024
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What is an MSA in real estate?

What is TI or Tenant Improvement in real estate?

Wed Aug 21 2024
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What is TI or Tenant Improvement in real estate?
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