An individual or a business entity that is allowed to trade securities that may not be registered with financial authorities. They are entitled to this privileged access by satisfying at least one requirements regarding their income, net worth, asset size, governance status or professional experience.
Anti-money Laundering (AML)
Refers to the laws, regulations and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income.
The act of transferring property from one party to another. The term is commonly used in real estate transactions when buyers and sellers transfer ownership of land, building, or home. A conveyance is done using an instrument of conveyance—a legal document such as a contract, lease, title, or a deed
A classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex
Real Estate Investment Trust (REIT)
A real estate investment trust is a company that owns, and in most cases operates, income-producing real estate.
Securities and Exchange Commission
Is an independent federal government regulatory agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation
A syndicate is a form of investing where general partners (the deal’s sponsors) will solicit private investors to raise enough capital in order to buy the building they are targeting.
An asset or property that is free and clear of any encumbrances, such as creditor claims or liens.