Explain the possible advantages of miniperm financing as opposed to traditional construction financing followed by permanent financing.

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Why is property development more vulnerable to business cycle risk than investment in existing property of a similar type?

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Management and Cost Accounting

ISBN: 978-1408093887

8th edition

Authors: Colin Drury

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Posted Date: Apr 02, 2024 03:29 AM

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Explain the possible advantages of miniperm financing as opposed to traditional construction financing followed by permanent financing.

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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... View the full answer

Management and Cost Accounting

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