Money loaned on a long-term basis and used to buy an investment such as real estate. See Capital Structure distinguish from Equity Capital.
Example: To partially finance the purchase of a $10 million office building, the Reit took out $8 million of debt capital.
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 | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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