In land development projects, why do lenders insist on loan repayment rates in excess of sales revenue?
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In land development projects, why do lenders insist on loan repayment rates in excess of sales revenue? What is a release price?
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A lender doesnt want to wait until the last parcel sells for the ...View the full answer
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Related Book For 
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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