{"id":894,"count":2,"description":"\r\n\r\nJump to: \r\nWhat is inventory?<\/a>\r\nWhat is total existing inventory?<\/a>\r\nWhat is shadow inventory?<\/a>\r\nWhat is planned additional inventory?<\/a>\r\nWhat is planned removed inventory?<\/a>\r\nWhat is inventory management?<\/a>\r\n\r\nWhat is inventory?\r\n\r\nA broad definition is that Inventory is the supply or stock of a certain commodity. In real estate, inventory refers to the amount of real estate that is on the market and is expressed depending on the market type.\r\nFor example, Office market inventory is the amount of available office space for sale or for lease and can be referred to in number of buildings or in surface area (square feet).\r\nWhen compiling market reports, analysts generally count the completed properties inventory separately from properties that are under construction at the time of the reporting.\r\n\r\n\r\n\r\n\r\n\r\nWhat is total existing inventory?\r\n\r\nThis sums up all existing (completed) and available (marketed as for lease or for sale) real estate of a specific property type, in a given market (location) at a given time.\r\n\r\n\r\n\r\n\r\n\r\nWhat is shadow inventory?\r\n\r\nThis term refers to properties that exist but are not listed on the market. A few examples are:\r\no properties that are in foreclosure and have not been auctioned off or otherwise sold yet\r\no properties whose owners are delaying the sale, due to unfavorable market conditions (owners waiting for prices to increase, so it is a sort of inventory-in-waiting)\r\nShadow inventory has an effect on real estate market statistics, in that it leads to data understating the supply on a given market.\r\n\r\n\r\n\r\n\r\n\r\nWhat is planned additional inventory?\r\n\r\nThis refers to the amount (number of buildings or total square footage) of a specific property type that is scheduled to become available (become part of the supply) in an upcoming forecast period. For example, when it is known that there are expansions, conversions (to the property type in question) and new construction projects underway, and their scheduled completion is during the fourth quarter of this year.\r\n\r\n\r\n\r\nWhat is planned removed inventory?\r\n\r\nThis is the opposite of the planned additional inventory, though through the same elements \u2013 for example, it is known that 2 old office buildings totaling 150,000 square feet are to be demolished and one office building of 100,000 square feet is to be converted to retail space. This means a planned removed office market inventory of 250,000 square feet.\r\n\r\n\r\n\r\nWhat is inventory management?\r\n\r\nIn real estate, this coincides with Property Management. Developers or real estate owners that have a sizeable inventory (own many properties) will generally employ a third party to manage that inventory. This can consist in property administration, maintenance and overseeing leasing of the property. It may be the case that separate parties handle each task, or that a brokerage firm that can handle leasing can also administer and maintain the property.\r\n\r\n\r\n\r\nYou might also be interested in:\r\n\r\nWhat is a release of judgement?<\/a>\r\nWhat is a Situs?<\/a>\r\nWhat is a Tenancy in Common?<\/a>\r\n\r\n\r\n\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\n\r\n\r\n\r\n\r\nPopular terms\r\n\r\n\r\n\r\n\r\nAmortization<\/a>\r\n\r\n\r\nEquity <\/a>\r\n\r\n\r\nNotary Public <\/a>\r\n\r\n\r\nProgression\/Regression<\/a>\r\n\r\n\r\nAcquisition <\/a>\r\n\r\n\r\nAnnuity <\/a>\r\n\r\n\r\nAsset <\/a>\r\n \r\n \r\n Fiduciary <\/a>\r\n\r\n \r\n Inflation <\/a>\r\n\r\n \r\n Contingency <\/a>\r\n\r\n \r\n Escrow<\/a>\r\n\r\n \r\n Power of attorney <\/a>\r\n\r\n \r\n Real Estate Agent <\/a>\r\n\r\n \r\n Eminent Domain <\/a>\r\n\r\n \r\n Liability <\/a>\r\n\r\n \r\n Statute of Limitations<\/a>\r\n\r\n \r\n Valid <\/a>\r\n\r\n \r\n Variance<\/a>\r\n\r\n \r\n Contiguous <\/a>\r\n\r\n \r\n Deficit<\/a>\r\n\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-inventory\/","name":"Inventory","slug":"cre-term-inventory","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is Inventory? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"A broad definition is that Inventory is the supply or stock of a certain commodity. 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