How to Handle Non-Recourse Loan Carveouts

By MarksNelson on November 22, 2016 in MarksNelson in the News, Real Estate, Sarah Schiltz CPA, MSA

Kansas City Business Journal, How Real Estate Developers and Investors Should Handle Non-Recourse Loan Carveouts, November 22, 2016

Non-recourse financing is an option typically used for longer-term, permanent commercial real estate loans by developers and investors. Like many borrowers, you may be drawn to them because the arrangements can shield you from personal liability. But non-recourse loans don’t provide protection in all cases. “Carveouts” in the loan documents can saddle you with full liability if violated. However, you may be able to minimize risk through savvy negotiating.

Click here to read the entire article:

About the Author

MarksNelsonView all posts by MarksNelson

MarksNelson LLC works with clients to help safeguard and grow their businesses. Our ultimate goal is to help our clients to Move Forward. The firm provides Assurance, Accounting Services and Business Advisory, Business Valuation, Consulting, Cost Segregation, Employee Benefit Plan Audits, Litigation Support, Forensic Accounting, International Tax, State and Local Tax and Tax planning, advisory and compliance services. MarksNelson is a member of The Leading Edge Alliance, the second-largest international professional association of independently owned accounting and consulting firms, serving clients who need additional resources on a national or international level. MarksNelson has significant accounting and business advisory experience in the auto dealership, construction, insurance, manufacturing, distribution and real estate sectors. The firm was named among the 2014 Best Accounting Firms for Leadership Equity by the 2014 Accounting MOVE Project for its dedication to gender equity.

Permanent Link