A percentage of property net income or cash flow after debt service in a participating loan.

An existing condition, situation, or set of circumstances involving uncertainty as to possible outcome (such as Guarantees and/or Carve-Outs) to an enterprise that will ultimately ...

The base or minimum interest rate paid exclusive of amounts payable as a result of the participation feature.

The nominal principal of a loan exclusive of amounts payable as a result of any participation feature.

Additional collateral, insurance, or third party guarantee required by the borrower generally in exchange for a lower interest rate or cost of capital.

The act of using an asset that is currently being used as collateral for a loan as collateral for a second loan

The ownership of a mortgage note or other note receivable secured by real estate assets owned by another party

Projected NOI over the following four quarters as a ratio of projected interest and scheduled amortization payments on bank (not shareholder) loans over the same period. This is a ...

Das voraussichtliche Netto-Betriebsergebnis (engl. Net Operating Income, NOI) der  folgenden vier Quartale als Verhältnis zwischen den voraussichtlichen Zinsen und geplan ...

Used to measure the amount of cash flow from the property/ investment's operations that is available to meet annual interest and principal payments on debt. A DSCR of greater t ...