What Is Loss-to-Lease? NOI and the Multifamily Income Waterfall Explained
Plain-English definitions of gross potential rent, loss-to-lease, effective gross income and net operating income (NOI), with how they connect.
Plain-English explainers, glossaries and FAQs on real estate and leasing metrics.
Plain-English definitions of gross potential rent, loss-to-lease, effective gross income and net operating income (NOI), with how they connect.
Concessions explained: how free rent is calculated into effective rent, why lease-ups use them, and current U.S. concession data.
What rent-pricing software does, why it's under legal scrutiny, and what the RealPage settlement and local bans actually restrict.
A plain-English explainer of absorption, lease-up, concessions and occupancy, with current U.S. apartment figures.
Cap rate definition, formula, and why CBRE expects 5–15 bps of compression in 2026.