Parties are considered to be related if one party has the ability to control the other party or to exercise significant influence or joint control over the other party in making fi ...

Represents a type of annual tax on “tax haven” indirect ownership of property.

Stellen eine Art jährlicher Steuer auf das indirekte Immobilieneigentum dar (ähnlich einer „Steueroase“).

Eine Art von Anlagevehikel, das im Namen eines einzelnen Anlegers verwaltet wird.

See Vehicle formation costs

The committee that assesses the credit risk of making a Loan to a Borrower. The credit committee ultimately approves the terms on which a Loan is made to that Borrower and the Secu ...

A financial derivative product that transfers credit risk from one counterparty to another. 

Assessment of the creditworthiness of a Borrower in general terms or with respect to a particular debt or financial instrument, usually issued by an independent rating agency such ...

A Financial Covenant, the breach of which is an Event of Default.

Margin applied to a development loan for the period before practical completion.