📖 Glossary
CRE and RealNex terms in plain English.
- Navigator
- RealNex's all-in-one platform bundle: KRM, MarketEdge, MarketPlace, Bridge, and Vault working as one system.
- KRM
- Knowledge & Relationship Management — RealNex's CRM, built property-centric for CRE rather than adapted from generic sales software.
- MarketEdge
- The analysis and presentation engine: property analysis, lease comparison, and 250+ marketing templates.
- MarketPlace
- RealNex's listing platform — publish, search, and market commercial listings to a national CRE audience.
- Bridge
- Transaction management for the leasing workflow: availabilities, tours, and negotiations.
- Vault
- The CRE-native secure deal room: NDA gating, tiered access, watermarking, engagement analytics.
- Insights
- Embedded Power BI dashboards over live KRM data — five dashboards, one per KRM table.
- RealCampaigns
- RealNex's email marketing engine for branded campaigns to your own contacts.
- RealBlast
- A campaign sent to the RealNex community list (300,000+ CRE professionals) by CBSA, state, or nationally.
- E-Publish
- One-click conversion of a MarketEdge presentation into a live property website.
- Deal Room
- A secure online space for sharing confidential deal documents with controlled access.
- BOV
- Broker Opinion of Value — a broker's supported estimate of what a property would sell or lease for.
- OM
- Offering Memorandum — the full marketing document for a property sale, typically gated behind an NDA.
- NDA
- Non-Disclosure Agreement — signed before a prospect can access confidential deal materials.
- NOI
- Net Operating Income — income after operating expenses, before debt service. The number valuations are built on.
- Cap Rate
- NOI divided by price — the market's shorthand for yield on a stabilized property.
- NNN
- Triple Net — a lease where the tenant pays taxes, insurance, and maintenance on top of base rent.
- CAM
- Common Area Maintenance — shared operating costs passed through to tenants.
- Net Effective Rate
- The true average rent after concessions like free months — the honest way to compare lease proposals.
- LTV
- Loan-to-Value — loan amount as a percentage of property value; the leverage dial in any capital stack.
- Comps
- Comparable sales or leases — the market evidence behind pricing and valuation.
- Rent Roll
- The tenant-by-tenant schedule of leases, rents, and terms for a property.
- CBSA
- Core-Based Statistical Area — the metro-area geography used for targeting RealBlasts.
- TI
- Tenant Improvements — landlord-funded buildout, a key concession in lease negotiations.
- LOI
- Letter of Intent — the non-binding outline of deal terms that precedes contract.
- Want
- A posted buyer/tenant requirement in MarketPlace, letting listing brokers bring inventory to you.