National Association of REALTORS®
A commercial Real Estate News loan is a mortgage secured by a lien on a commercial, rather than residential, property. Real property includes a parcel of land and everything permanently attached to the land, plus the rights inherent in ownership of the real estate. Real estate development, or property development, includes activities that range from renovating existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Commercial property refers to land and buildings that are used by businesses to carry out their operations. Examples include shopping malls, individual stores, office buildings, parking …