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What Are The CRE Debt Instruments? – Hospitality Net Explainer

share this article Real Estate Bonds and Securitized Real Estate Assets Advertisements Real estate bonds are fixed-income capital market instruments that are secured by income-producing property (IPP). They come in the form of a property or mortgage bond. Property bonds are generally high-yield intermediate-term bonds issued by property developers and construction companies to fund property development projects during their construction phase. Mortgage bonds are long-term corporate bonds secured by the pledge of specific commercial real estate owned by the issuer, such as land and buildings. A covered bond is a generally fixed-rate capital market debt instrument secured by both the issuer s creditworthiness and a high-quality collateral pool, mostly high-grade mortgages or loans to the public sector. They are issued directly by a financial institution that is liable for the security s repayment and backed by the special pool of collateral.

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