Asset

An asset, in commercial real estate, is any property or investment that holds economic value and is expected to produce income or benefit over time. The category runs across office buildings, retail centers, industrial warehouses, multifamily apartments, and hospitality, among others.

Assets get judged on their income potential, location, physical condition, and market demand. Investors then sort them by risk profile, from core and core-plus through value-add to opportunistic, matching the holding to their return goals and tolerance for risk.