An illiquid asset is one that cannot be easily sold or exchanged for cash.
Improvements are any permanent structure or work that increases the value of a property.
In-fill development is the process of developing vacant or under-used properties within areas that are already largely developed.
Income property is property bought to earn income through renting, leasing, or selling after its value increases.
Industrial property is property used for manufacturing or warehousing.
Inflation is the sustained increase in the prices for goods and services with a corresponding decrease in purchasing power.
An institutional lender is a financial intermediary who invests in loans and other securities on behalf of its customers.
Interest is money paid at a defined rate for the use of money lent.
An interest-only loan is a loan in which the borrower pays only the interest for a set term, usually between five and ten years. After the term, many borrowers refinance, make a lump sum payment, or begin paying off the principal.
Internal Rate of Return (IRR)
Internal rate of return is a metric used to measure the profitability of potential investments. It is similar to a project's growth rate.
Investment-to-Cost Ratio (ITC)
Investment-to-cost ratio represents the investment dollars divided by the total cost of the project.