A loan that is made to finance payments which are required to 'protect' either a specific asset (Property) or the Lender's security over that asset. This may include pa ...

This type of partnership involves a collaboration between a government entity and a private sector business. This may be to finance, build or operate projects, such as community sp ...

Amounts recovered from any claim an Obligor may have against a Vendor to be used in mandatory payment.

A mortgage claim ranking subordinate to the senior mortgage, secured over the real estate asset.

A legal entity that specialises in the tactical management of a vehicle's assets on behalf of the owner of the real estate. Services may include strategic input and production ...

A loan or portfolio of loans which are pooled and re-structured by way of risk apportionment, to provide collateral for issuance of securities.

The financial institution that empowered under the faciility agreement to take action on behalf of the lender to enforce Security in case of an event of default. Useful in loa ...

Assets pledged by the borrower or another party (as collateral against) amounts lent by the lender to the borrower. Following the occurrence of certain default events, the lender c ...

A clause that allows the borrower under a facility agreement to make an early principal repayment with the provision of a specific early repayment penalty.

The entity that provides equity to a Borrowerin a real estate finance transaction. The sponsor can also be the investment manager.