VIEWS: 566 PAGES: 7 CATEGORY: Real Estate POSTED ON: 1/15/2011
This Offering Memorandum for Syndicated Mortgage Investment document is typically used by developers as a means of raising capital to develop a property. The document sets out the risks involved for the investor and sets out the number of mortgages or debentures being offered and provides for a schedule to be attached setting out the terms of the mortgages or debentures. This document in its draft form contains numerous of the standard clauses commonly used in this type of memorandum, as well as optional language to allow for customization to ensure the specific needs of the user are met. This document is useful to developers as a means to raise capital to develop property.
"Offering Memorandum for Syndicated Mortgage Investment"