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Does the Partnership make junior trust deed loans?

April 26, 2017deed Junior Loans partnership Trust

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Does the Partnership make junior trust deed loans?

1 Answer

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The Partnership rarely makes loans secured by junior trust deeds. Recognizing that in some circumstances junior trust deeds may be beneficial to both the Partnership and the borrower, the Partnership has an internal standard allowing junior trust deeds so long as the total of all junior trust deeds does not exceed 15% of Partnership capital.