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EastGroup Gets $200M Credit Facility, $78M Mortgage LoanThis is a discussion on EastGroup Gets $200M Credit Facility, $78M Mortgage Loan within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; EastGroup Properties has announced a new four-year, $200 million unsecured revolving credit facility and a $78 million mortgage . More... ... |
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| Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower. |
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01-08-2008, 03:46 PM
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EastGroup Gets $200M Credit Facility, $78M Mortgage Loan
EastGroup Properties has announced a new four-year, $200 million unsecured revolving credit facility and a $78 million mortgage.
More... (Source: Google Blog Search) 
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| Tags |
| $200m, $78m, credit, eastgroup, facility, loan, mortgage |
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