Residential Assets definition

Residential Assets means the Real Estate Assets with respect to Residential Mortgage Loans.

Residential Assets means Non-Income Producing Assets that consist primarily of single-family residential developments (but are not Land Assets, Condominium Assets or multi-family developments).

Residential Assets means Single Family Rental Properties and Single Family Housing Interests.

Examples of Residential Assets in a sentence

• As compensation for the investigation, selection, sourcing and acquisition or origination (by purchase, investment or exchange) of Residential Assets and other Permitted Investments, the Company shall pay the Advisor an Acquisition Fee for each such investment equal to 1.0% of the Cost of Residential Assets for any given transaction.

• As compensation for the services described in Section 3.03 the Company shall pay the Advisor an asset management fee equal to 0.25% quarterly (1% annually) on the most recent aggregate value of the Partnership’s Residential Assets and other Permitted Investments, as determined in accordance with the valuation guidelines approved by the POSOR Board of Directors (adjusted to reflect any subsequent purchases or sales of portfolio assets based on the purchase or sale 12 CLOSED\1607203150.4 prices).

More Definitions of Residential Assets

Residential Assets means Single Family Homes, and SFH Interests.