The International Facility Management Association (IFMA) is a global organization focused on advancing the practice of facility management by integrating principles of business administration, architecture, and behavioral and engineering sciences. The organization promotes excellence through education, advocacy, and networking opportunities for its members.
In the context of Real Estate, the term MBA can refer to the Mortgage Bankers Association (MBA) of America, a national association representing the real estate finance industry, or the Master of Business Administration degree, often pursued by professionals aspiring to leadership roles in real estate and other sectors.
An office building is a structure primarily used for conducting business activities such as administration, clerical services, and client consultations. These buildings can vary in size and may house one or multiple business concerns.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!