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One of the items you’ll notice listed in the proforma when researching potential commercial real estate investments are closing costs. Today, we’ll break down what is included in those closing costs and what purpose they serve in a commercial real estate transaction. One part of the closing process that you may have heard before if…

Net Effective Rent, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease. Net effective rent is the amount a tenant pays to a landlord minus any tenant…