Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Convertible Debt/Loan/Mortgage

A debt financing obligation issued to a company or an individual by a bank or similar financial institution that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period.

Source: NCREIF | Date: 02 September 2025 | ID: D1012 | Version: 1