Discover the differences between non-recourse and recourse debt, their definitions, examples, and implications for borrowers ...
In their Financing column, Jason Goldstein and Joshua Sohn, members of DLA Piper, write that in the current commercial real estate finance market, many loans are "non-recourse" to the borrower and its ...
A non-recourse loan is a type of debt thatβs secured by collateral, such as an individualβs car, house or another typically illiquid asset. By securing a non-recourse loan, the lender wonβt have the ...
Section 752 and its accompanying regulations require a partnership to allocate its liabilities among its partners, generally resulting in an increase to a partnerβs basis in the partnership interest.
A partnerβs basis includes the partnerβs share of partnership liabilities. 1 An economic risk of loss analysis is used to determine which liabilities are included in a partnerβs adjusted basis. A ...
The Federal Reserve's most recent Financial Stability Report addressed what many industry watchers had been convinced of for some time: the commercial real estate sector is in a precarious state. The ...
Robert Fulghum wrote a popular book, βAll I Really Need to Know I Learned in Kindergarten.β There is much merit in his book. We now know that cold milk is not good for everyone, but the basics of the ...
The indemnification provisions in M&A agreements have evolved dramatically over the past three or more decades, becoming increasingly seller-friendly β especially in private equity transactions. What ...
Generally, all income-producing properties, excluding unimproved land, are considered commercial real estate (CRE). The two financing options for CRE are recourse and nonrecourse loans. There are ...
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