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cash flow mortgage

    0.01 sec.
cash flow mortgage
A loan workout tool in which all,or nearly all,of the cash flow from a property is used to service the debt for some period of time,even though this amount may be less than the amount originally expected by the lender.


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Under the fee-based arrangement, AEW will service $110 million of cash flow mortgages representing 25 separate office properties and hotel sold to an investment group and in excess of $100 million in a secured pool of 55 hotel assets in related areas sold to an investment partnership.
Resolution of this loan is still under discussion and may include, among other alternatives, a further extension as a cash flow mortgage, sale or a title transfer via a "deed in lieu of foreclosure" transaction.
A resolution of this loan may include, among other alternatives, a further extension as a cash flow mortgage, sale or a title transfer via a "deed in lieu of foreclosure" transaction.
 
 
 
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