debt REIT
A real estate investment trust (REIT) that lends money to real estate developers, sponsors and buyers in the form of debt or debt-like instruments, in [...]
private debt fund
A direct lending fund, typically in the form of a closed-end investment company, commonly only for the investing of institutional investors and high-n [...]
loan-to-own
Referring to a strategy whereby the investor provides the mezzanine debt in hope of emerging from the restructuring of the debt in control of the spon [...]
property bond
A generally high-yield intermediate-term bond issued by property developers and construction companies to fund property development projects during th [...]
cashflow waterfall
Cash flow of a SPV from its underlying asset(s) used first for payment to the senior creditors and then to more junior creditors only when the priorit [...]
commercial mortgage-backed security
A mortgage-backed security secured by commercial mortgages. [...]
