News

Non-recourse loans are more attractive to borrowers but ... One-action recourse states, such as California, allow the debtholder to make one attempt, generally a foreclosure or lawsuit.
Now some banks are discovering the real estate IRA niche and granting a “non-recourse loan” to the trustee for specific properties. Non-recourse means if the loan goes into default and the ...
It is believed to be one of the first non-recourse loans for condo construction since ... “The Southern California housing market is shifting,” he said in a statement.
All states but 12 allow both recourse and non-recourse home loans. Those states are Alaska, Arizona, California, Connecticut, Idaho, Minnesota, North Carolina, North Dakota, Oregon, Texas ...
In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower.
A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t ...
Non-recourse financing is an option typically used for longer-term, permanent commercial real estate loans by developers and investors. Like many borrowers, you may be drawn to them because the ...
announces the closing of non-recourse loans in Washington, Tennessee, North Carolina, Florida, New Jersey, Illinois, New York and California totaling approximately $70 million. The Seattle ...