BXP holds a large, high-quality pool of unencumbered
assets with well above-average financeability and saleability characteristics.
Following the restructure, unencumbered
assets will represent approximately 58% of turnover relative to a rated peer median of 191% (based on most recently available information).
Digital Realty Trust's borrowing base currently totals approximately USD2.9bn of unencumbered
Despite large, unencumbered
portfolios with good-quality assets and modest on-balance-sheet secured-debt levels, credit metrics for rated industrial REITs were weaker in the third quarter of 2009 than 2008 and previous years, and Moody's said it expected metrics to remain weak throughout this year as well.
The enhanced platform allows funds to hold unencumbered
assets that were typically held within their prime brokerage in a separate custody account held at BNY Mellon.
Younger people, often unencumbered
by mortgages and families, have been seen as more sanguine about the economic crisis.
The lot sales are reported as follows (arrayed by sale price): Sale Lot Size Price per Easement Sale # Price (Acres) SF Status 1 $122,000 3.00 $0.93 Encumbered 2 $124,000 0.61 $4.67 Unencumbered
3 $129,500 1.40 $2.12 Encumbered 4 $135,000 2.63 $1.18 Encumbered 5 $140,000 0.77 $4.17 Unencumbered
6 $154,500 0.65 $5.46 Unencumbered
7 $165,000 0.50 $7.58 Unencumbered
8 $167,500 0.45 $8.55 Unencumbered
9 $167,500 0.47 $8.18 Unencumbered
10 $167,999 0.76 $5.07 Unencumbered
11 $180,000 0.55 $7.51 Unencumbered
I am certain that Plaid members of the Upper House will be able to attend regularly to scrutinise new legislation orders and framework clauses of Bills that will grant more primary law-making powers to the National Assembly and Welsh Ministers, unencumbered
by a "dual mandate".
The fiscal 2007 deficit resulted from actual revenues coming in below estimates by about $1,148,000, an amount offset by unspent and unencumbered
money from department accounts of about $1,088,000, the report said.
Woodruff the reader of history and lover of knowledge packed the mural with African, Greco-Roman, and northern European symbols and interlocking scenes of harmonious human interaction, unencumbered
by cultural or geographic barriers.