What is leasing commissions?
Fees paid to brokers to attract and secure tenants. With tenant improvement allowances, they are among the largest leasing costs and are usually modeled below the NOI line.
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.