The Thornton
  • The construction loan has been in place for some time and it now needs to be modified.
  • The transactions are smaller sized.
  •  Land equity is part of the capital stack. Typically, the owner has owned the land for a while and it has appreciated in value. But that no longer can count for equity under Basel 3.
The Thornton
  • The construction loan has been in place for some time and it now needs to be modified.
  • The transactions are smaller sized.
  •  Land equity is part of the capital stack. Typically, the owner has owned the land for a while and it has appreciated in value. But that no longer can count for equity under Basel 3.
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