What is absorption?
The pace at which available space or units are leased in a market over a period. Lease-up, development, and renovation models must support how quickly space can be leased, not just the market rent.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.