A form of joint venture in which the lender purchases the land and leases it to the developer. The lender also finances the improvements to the land.
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Definition of split fee financing: A form of joint venture in which the lender purchases the land and leases it to the developer. The lender also finances the ...
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- Glossary - Art Duffield Realty
split-fee financing: Equity participation in which the lender purchases the land, leases it to the developer and finances the leasehold improvements in return for a ...
- proU.net | Real Estate Glossary | Page 10
split-fee financing: A form of joint venture participation where the lender purchases the fee land under the proposed development project and leases it to the ...