11, 2015 /PRNewswire-iReach/ -- Treasure Coast Capital Trust, with offices in Vero Beach, FL and New York City, has teamed up with Jordan Capital Finance to develop two new investment programs: A Self-Directed IRA program and a Non
Recourse Loan program.
The company has acquired a USD85m limited
recourse loan, secured by its InterContinental Miami hotel.
One suggested approach would be that by not subjecting the deduction attributable to a member
recourse loan to the partner nonrecourse debt rules, the LLC is free to allocate these deductions pursuant to the general sharing ratio under the partnership agreement.
In non-
recourse loans, some "bad boy" provisions have the effect of converting the non-
recourse loan to a full
recourse loan such that the borrower becomes liable for the full amount of the loan.
UPC Wind Partners LLC today announced the closing of the first limited
recourse loan facility in connection with Clipper Turbine Works Inc.
Fitch Ratings has assigned its expected long-term 'BBB+' rating to VTB Capital SA's planned issue of US dollar-denominated limited
recourse loan participation notes.
Petunia, a New York limited partnership, purchased from the Venture Company computer equipment that had been involved in four prior sales transactions, subject to a user lease, a
recourse loan and a security agreement.
CBL also closed a
recourse loan secured by The Promenade in D'Iberville, MS, with a three-year initial term and two two-year extension options.
0 million limited
recourse loan secured by the InterContinental Miami hotel.
UPC Wind Partners, LLC ("UPC Wind") announced today that it has closed the first limited
recourse loan facility in connection with Clipper Turbine Works, Inc.
A portion of the cash purchase price was funded with a $6,000,000, unsecured,
recourse loan.
1 billion Series One Auto Loan Trust Certificates and Limited
Recourse Loan (see table below).