Can bank lines of credit protect REITs against a credit crisis?
In a tight credit market, the primary concern of most real estate investment trusts (REITs) is the ability to access capital and maintain adequate liquidity.Bank lines of credit or loan commitments, which are legally binding contracts arranged to provide debt at the call of the borrowers under presp...
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| Main Authors: | , , |
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| Format: | Article |
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American Real Estate and Urban Economics Association
2011
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/15429/ http://doi.org/10.1111/j.1540-6229.2011.00318.x |
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