Question
You need to refinance a property as the maturity is looming in the near future. Its an office building thats 50% occupied. The value of
You need to refinance a property as the maturity is looming in the near future. Its an office building thats 50% occupied. The value of the property is lower than the outstanding mortgage.
- What type of loan would you seek? If any?
- What considerations would you evaluate and discuss with the lender?
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
