Question
Explain the possible advantages of miniperm financing as opposed to traditional construction financing followed by permanent financing. Why is property development more vulnerable to business
Explain the possible advantages of miniperm financing as opposed to traditional construction financing followed by permanent financing.
Why is property development more vulnerable to business cycle risk than investment in existing property of a similar type?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 Advantages of Miniperm Financing Miniperm financing refers to a financing structure commonly used in real estate development projects It combines elements of both construction financing and permanen...
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
