SOFR: Secured Overnight Financing Rate
SOFR, or the secured overnight financing rate, is a rate tied to the cost of interbank Treasury repurchases. The rate has begun to replace LIBOR, or the London interbank offered rate, for pricing variable-interest loans.
EGI: Effective Gross Income
Effective gross income, or EGI, is a forecast of an asset’s income. It isn’t strictly limited to rental payments — any other revenue-generating services at a property are fair game and should be considered.
FF&E in Commercial Real Estate
Learn about the furniture, fixtures, and equipment (FF&E) asset class and its place in commercial real estate.
TTM: Trailing Twelve Months in Commercial Real Estate
TTM, or trailing twelve months, is measurement of a project's financial data for the last 12 months. TTM figures do not always represent the last fiscal year, though they might-- it is simply a snapshot of the last 12 months of financial activity. Taking a look at an existing commercial real estate project's TTM, as well as its rent roll, can be some of the best ways to determine the property's potential profitability.