- Terms Used in the Real Estate Investment Trust Industry
 

EBITDA

Earnings before interest, taxes, depreciation and amortization. This measure is sometimes referred to as Net Operating Income (NOI).

 

Equitization

The process by which the economic benefits of ownership of a tangible asset, such as real estate, are divided among numerous investors and represented in the form of publicly-traded securities.

 

Equity Market Cap

The market value of all outstanding common stock of a company.

 

Equity REIT

A REIT which owns, or has an "equity interest" in, rental real estate (rather than making loans secured by real estate collateral).