Development Jargon: Cap Rates - Would love some feedback!
I am on a mission to teach people what I know about the basics of development. This is the first in a series of articles where I try to demystify development terminology. 

I started with cap rates because I figure that is one of the first places people get confused with commercial real estate. I would love to know what y'all think!

What other topics are frustrating to newbies?

[https://oakcitycre.medium.com/development-jargon-cap-rates-d6fe858dc4cb](https://oakcitycre.medium.com/development-jargon-cap-rates-d6fe858dc4cb)
[{"id": "i5ovbza", "text": "How about gray box, white(vanilla) box, and tenant improvement allowances...?", "replies": [{"id": "i6isq7z", "text": "Thank you! Great suggestions.", "replies": [], "depth": 2}], "depth": 1}, {"id": "i5pfuum", "text": "Core, Core-plus, Value-add, and Opportunistic was always confusing as a newbie.", "replies": [{"id": "i6isoux", "text": "Great suggestions, thank you!", "replies": [], "depth": 2}], "depth": 1}]