✦ LIBER ✦
The evolution of innovative debt and equity structures: the securitisation of US lodging real estate finance
✍ Scribed by Arjun J. Singh
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 2002
- Weight
- 379 KB
- Volume
- 2
- Category
- Article
- ISSN
- 1473-1894
- DOI
- 10.1002/bref.61
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✦ Synopsis
Abstract
The mid‐1990s saw the alignment of real estate and capital markets. The primary driver of this convergence was the emergence of securitisation for real estate debt and equity markets. The evolution of the innovative instruments introduced during this period and their resulting impact on financing the US lodging industry are discussed in this paper. Copyright © 2002 Henry Stewart Publications.