Hotel Development & Investment

pass-through security

A security on which the payments of interest and principal received by the issuing SPV on the pooled assets are passed to the investors in equal measu [...]

pass-through security2024-09-16T09:26:02+02:00

cost of capital

The cost of funds used to finance a business or a transaction – both the cost of equity and the cost of debt. [...]

cost of capital2024-09-16T09:22:28+02:00

mortgage note

A promissory note secured by a mortgage evidencing the obligation of the mortgagor to repay to the mortgage holder the mortgage loan plus interest at [...]

mortgage note2024-09-16T09:25:27+02:00

mortgage

A security interest in property held by a lender to secure a borrower’s performance in accordance with the terms and conditions of the loan agreement [...]

mortgage2024-09-16T09:25:23+02:00

mortgagor

The borrower of a mortgage loan, who assigns to the mortgage lender a security interest in the property owned by the borrower as security for the loan [...]

mortgagor2024-09-16T09:25:29+02:00

encumbrance

A right to or interest in property and payments that burdens the clarity of good title to the property, including security interests in real or person [...]

encumbrance2024-09-16T09:23:03+02:00
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