McMurray et al., 1997 - Google Patents
Real estate lease-backed securitiesMcMurray et al., 1997
View PDF- Document ID
- 5885503943760442527
- Author
- McMurray J
- Mundel S
- Publication year
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Snippet
ABSTRACT A recent innovation in real estate finance has been the issuance of securities backed by real estate leases. With loan-to-value ratios> 100% and debt service coverage ratios~ 1.00, this new instrument holds considerable appeal for borrowers. An examination …
- 238000000034 method 0 abstract description 42
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