A loan with no source of repayment beyond the mortgaged collateral
Global Definitions Database
Non-Recourse Debt
Source: NCREIF PREA Reporting Standards | Date: 29 April 2020 | ID: D0255 | Version: 2
The INREV Annual Fund Index delivered a total return of 2.73% in comparison to -4.50% in 2023.
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A loan with no source of repayment beyond the mortgaged collateral