The concept of a lender not having the right to pursue recovery from any assets of a borrower other than those assets specifically given as collateral.

A debt financing obligation issued to a company or an individual by a bank or similar financial institution that is prohibited by the terms of the loan from being assumed by any ot ...

The number above the line in a common fraction showing how many of the parts indicated by the denominator are taken.

The ratio of rented or used space to the total amount of available space.

The risk of a negative impact associated with the continuous financial obligations incurred in the daily operation of the business.

Cash outlays necessary to operate and maintain a property, such as real estate taxes, property insurance, property management and maintenance expenses, utilities, and legal or acco ...

The partner that is responsible for operating the property and making daily decisions.  Usually the partner with a minority investment in a joint-venture agreement.  

Includes any asset which has been completed and/or placed into service for 12 months or is at least 60% leased, whichever occurs sooner  

The risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events.

The principle that the cost of a resource for one use is the value of the resource in its best alternative use.