Commercial lenders and the Year 2000 challenge
Article Abstract:
The millennium bug can be potentially damaging to commercial real estate lenders. This is because building systems that are computerized or programmable electronic devices could fail on Jan 1, 2000. The failure may jeopardize the collateral for a loan because rental revenue may be threatened, repairs will have to be made and there may be exposure to litigation. Thus, commercial lenders are advised to take steps to avoid Y2K problems by requiring compliance reports.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1999
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Has commercial lending really changed?
Article Abstract:
Recent trends in commercial real estate lending show positive signs over the failures of underwriting in the early 1980s. Events such as overbuilding caused by the tax shelter boom, which ultimately led to the financial crisis of the industry, serve as lessons for commercial lenders to remember. A balance must be maintained in the commercial real estate environment by providing capital only for viable projects that will benefit all the players concerned.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1997
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The use of synthetic leases to finance build-to-suit transactions
Article Abstract:
Synthetic leases as a real estate financing technique started when financing structures saw the viability of real estate. These provide the most cost- effective build-to-suit financing plan to the real estate user. However, the user must coordinate with his finance group, accounting and tax advisers and real estate professionals to maximize the benefits of the structure.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1996
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