Loan with full personal/sponsor guarantee.

Loan with full personal/sponsor guarantee.
Common for construction loans and value-add reposition.

Recourse loan

Finance · US

Short definition

Loan with full personal/sponsor guarantee.

Full definition

Common for construction loans and value-add reposition. Burns down on stabilisation milestones (e.g., LTV below 65%, DSCR above 1.30x).

Why this matters for Class A leasing

Recourse loan is part of the finance vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.

Loan with full personal/sponsor guarantee.

Loan with full personal/sponsor guarantee.
Common for construction loans and value-add reposition.

Recourse loan

Finance · US

Short definition

Loan with full personal/sponsor guarantee.

Full definition

Common for construction loans and value-add reposition. Burns down on stabilisation milestones (e.g., LTV below 65%, DSCR above 1.30x).

Why this matters for Class A leasing

Recourse loan is part of the finance vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.