Tag: Yardi Debt Manager

Loan Visibility

Yardi Debt Manager

Property owners routinely borrow money to purchase additional real estate assets. But, as with any loan, executing the loan information elements, including covenants, amortization schedules, collateral and critical dates, is a complicated business. The level of difficulty largely depends on the technology involved. Some borrowers go low-tech, tracking their information manually with separate spreadsheets and […]

Technology

Less Risky Business

With Yardi Debt Manager

Financing the acquisition of real estate assets can maximize your returns. However, borrowing money not only puts liability on your balance sheets; it can also come with extra headaches and tedious tasks for you and your team, including tracking amortization and payment schedules, meeting covenants, and tracking collateral and critical dates. Executing all these obligations […]

News

Art of the Covenant

Best Practices for Minimizing CRE Borrowing Risk

Covenants – agreements between a debtor (borrower) and creditor, or lender, are a staple of commercial real estate loans. Designed to reduce risk for lenders, loan covenants commit the borrower to execute certain behaviors, such as making principal and interest payments when due, and avoid others, such as selling the assets that underpin the loan […]