A request for mortgage financinggiven to lenders by commercial real estate borrowers (or their representatives) for the lenders’ investment consideration. The memorandum will typically highlight various terms and property specificssuch as the borrower’s requested loan terms, a detailed description of the property, the location and relevant demographic trends, a financial summary, pictures, comparable sales and/or rentals, and any other information pertinent to the investment. The Financing Memorandum is similar to the Operating Memorandum in format and content, but the offering is for areal estate debt rather than equity investment.
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