Commercial Real Estate Dictionary

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Capital improvements projects

Definitions of Capital improvements projects
  • Capital improvement projects are investments in infrastructure. Examples of capital improvement projects include the construction, repair, or replacement of buildings, roadways, bridges, parks, and ports.
    Congress approved funding on several capital improvement projects to spur the economy and maintain important infrastructure.


What Are Capital Improvement Projects?

Capital improvement projects are capital expenditures made in infrastructure. Capital improvement projects include the construction, improvement, and maintenance of any infrastructure items.

Infrastructure consists of the structures, framework, or systems that support our society and communities. These systems include our transportation routes, educational institutions, waste management processes, recreational parks, water facilities, and flood control systems.

Capital improvement projects are typically associated with government spending. Sources of capital for such projects include taxes and fees, municipal or other government bonds, and federal or state grants.

Capital improvement projects are necessary to sustain, support, and grow healthy and functional communities and economies.


        

Real Estate Terms

1. How much cash will be required to make your mortgage payments? Debt Service >>


2. Who can you go to to finance your construction or development project? Construction Lender >>


3. What professional can assist you in maximizing the value of your investment property? Asset Manager >>


4. How can we assess future commitment to infrastructure to support our communities and future development? Capital Improvements Projects >>


5. What measurement indicates if a property's financial performance can cover its debt? DSCR >>


6. What part of a city is the center of urban economic development? CBD >>


7. What allows property owners and professionals to estimate the market value of a commercial property? Comparable Property >>


8. What can landords do to entice prospective tenants? Concession >>


9. What critical factor do stores depend on to drive traffic? Anchor Tenant >>


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