Commercial Mortgages definition

Commercial Mortgages means mortgages which are principally secured by: (a) income-producing properties which have retail, commercial service, office and/or industrial uses; and (b) land, zoned for commercial purposes.

Commercial Mortgages means mortgages that are principally secured by multi-family housing projects, residential land developments and income-producing properties that have retail, commercial, service, office and/or industrial uses;

Commercial Mortgages means Mortgages on and secured by Real Property used for commercial purposes, including retail, industrial, office or multi-unit residential of greater than four units.

Examples of Commercial Mortgages in a sentence

• Commercial Mortgages have bond-like risk/investment characteristics, with real estate serving as collateral.

• Investment in Commercial Mortgages can be accomplished through public or private market vehicles and can be investment grade (Core) or non-investment grade (value-add or opportunistic).

• The Examiner’s financial advisor has determined that the amounts in this spreadsheet for Commercial Mortgages ($29.4 billion) and Real Estate Held for Sale ($10.4 billion) GAAP asset classes reconcile with Lehman’s financial disclosures in its SEC filing for the second quarter of 2008.

• Thee Examiner’s financial advisor has determined that the combined amount in this spreadsheet for the Commercial Mortgages and Real Estate Held for Sale asset classes ($32.6 billion) reconciles with Lehman’s financial disclosures for the third quarter in its September 10, 2008 press release.

• Operating Policies The Corporation has established certain operating policies respecting how it can invest its funds in mortgages, which include, but are not limited to, the following: (a) the Corporation will invest primarily in Residential Mortgages and on occasion Commercial Mortgages.

More Definitions of Commercial Mortgages

Commercial Mortgages mean commercial mortgage assets including condo-conversion, multi-family property and cooperative apartment mortgage loans on commercial real property such as industrial and warehouse properties, office buildings, retail space and shopping malls, hotels and motels, nursing homes, hospitals, congregate care facilities and senior living centers.

Commercial Mortgages means mortgages on and secured by real properties used for commercial purposes, including retail, commercial service, industrial and/or office.

Commercial Mortgages means commercial mortgage assets including condo-conversion, multi-family property and cooperative apartment mortgage loans on commercial real property such as industrial and warehouse properties, office buildings, retail space and shopping malls, hotels and motels, nursing homes, hospitals, congregate care facilities and senior living centers.

Commercial Mortgages means Mortgages to acquire land, construct and/or develop improvements thereon and/or Mortgages against existing and/or completed inventory held forresale or held for lease, all secured by Real Property, which have a retail, commercial, service, office and/or industrial use;

Commercial Mortgages means mortgages granted as security for loans given in respect of properties, land developments and construction projects which have retail, commercial, service, office and/or industrial uses,

Commercial Mortgages has the meaning set forth within the definition of Investment Assets.

Commercial Mortgages means mortgages on and secured by real properties used for commercial purposes,