Teaching you about CAGR, HVAC, REA, ROFO and ROFR. CRE terminology. Answer Key (P 6)

In Part 6 of the Retail Leasing Proficiency Test Answer Key Series, I break down five terms you’ll come across in CRE leases, development agreements, and investment conversations:
✅ CAGR – Compound Annual Growth Rate
✅ HVAC – Heating, Ventilation & Air Conditioning
✅ REA – Reciprocal Easement Agreement
✅ ROFO – Right of First Offer
✅ ROFR – Right of First Refusal

I explain what each acronym means, where it shows up in the real world, and how it ties into the leasing associate proficiency test.

If you’re studying for the test or just want to sound sharper in retail leasing meetings, this video will help build your confidence and fluency in CRE deal language.

📘 Part of the full Retail Leasing Answer Key Series
📺 Watch the full playlist here: [Insert playlist link]
📝 Take the original test here:   / retail-leasing-associate-proficiency-test-...  




📌 About this Channel:
I'm Hue Chen, a real estate investor and operator focused on shopping centers and retail CRE. I share insights on leasing, acquisitions, operations, tech, and scaling a management company.

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