ADC loan

ADC loan

See acquisition,development,and construction loan.
References in periodicals archive ?
The significant loan was structured to qualify as an ADC loan under the current guidance.
14) High-volatility commercial real estate includes all acquisition, development, and construction (ADC) commercial real estate loans except one- to four-family residential ADC loans and commercial real estate ADC loans that meet regulatory requirements imposing a maximum loan-to-value ratio both at the outset and throughout the life of the loan.
12 that new loan risk weight requirements that impact commercial real estate are putting greater emphasis on the "as completed" value within appraisal reports prepared for acquisition, development and construction loans, known as ADC loans.
David Loo, Hudson's managing director and co-founder, said the company will work to resolve the properties ADC loans over the next several years.
Between 1981 and 1985, First Federal made 136 major commercial real estate ADC loans totaling more than $1.
Investment mortgages usually do not represent as high a credit risk as ADC loans or REO, but may nevertheless expose the firm to interest-rate risk.
has participated in the purchase of over $3 billion in commercial real estate and ADC loans from five FDIC portfolios.
The GAO alleged that, in certain cases, auditors had insufficient knowledge of high-risk audit areas such as land and ADC loans and they did not always respond to the dramatic changes in the financial operations of their individual client engagements or the industry, in general.