Loan to Cost (LTC)
Ratio used to compare the amount of the loan used to finance a project to the cost to build the project. It does not change based on changes in valuation
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Ratio used to compare the amount of the loan used to finance a project to the cost to build the project. It does not change based on changes in valuation
Source: NCREIF PREA | Date: 29 April 2020 | ID: D0248 | Version: 2