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Loan Amortization Period

Definitions

Number of months used to calculate the amount of monthly payments for principal and interest which could be longer than the loan term.

Loan Term

Definitions

Length of loan in months from time of origination until final payment due.

Limited Partnership (LP)

Definitions

A partnership established between two or more partners governed by a partnership agreement, with at least one general partner and one limited partner. The general partner has respo ...

Limited Liability Partnership (LLP)

Definitions

A partnership established between two or more partners governed by a partnership agreement. The LLP can have different legal forms and varying liability provisions for its partners ...

Partnership

Definitions

A legal entity or formal arrangement between two or more partners to manage and operate a business, governed by a partnership agreement. The partners have direct rights to a share ...

Limited Partner

Definitions

An entity or person who joins with at least one other entity or person to form a partnership. The limited partner generally does not receive dividends but receives distributions fr ...

General Partner (GP)

Definitions

Sometimes referred to as Managing Member, an entity or person who joins with at least one other entity or person to form a partnership. The general partner, bound by the terms of t ...

Financing Company

Definitions

Type of SPV engaged in financing real estate assets. There are many different types of financing structures, for example secured and unsecured or internal and external.

Mortgage Company

Definitions

A legal entity which conducts business of providing funding to borrowers in order to facilitate additional equity needs in order to acquire residential or commercial real property. ...

Investment Management Company

Definitions

An entity which manages investment vehicles on behalf of investors. Depending on the scope of activities and legal domicile a management company may need to be authorized and super ...

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