Jonathan Sigal, First Vice President of Loan Review, Senior Portfolio Officer, Wilshire State Bank It’s not unusual for borrowers to sign a loan agreement without understanding all of its provisions.

What Is a Covenant-Lite Loan? A covenant-lite loan is a loan issued with fewer financial restrictions and performance requirements for the borrower, offering more flexibility than a traditional loan.

In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower. Typically, ...

SOMETIMES THINGS JUST don’t seem quite right. “One good thing about the rapid growth of covenant-lite leveraged loans is that even if things go wrong these loans are not going to fall over for a long ...