expires before the mortgage on the property matures. Ratio of the value of the LTV loan to the value of the property. A dummy variable D(LTV indicating an ≥ 0.70) LTV greater than or equal to 0.70. The natural log of the property’s appraised Log(Real value. Property Dollars are Value) adjusted by the CPI with 1982-1984 as the base period. The property’s NOI/Prop NOI relative to its appraised value. The property’s Occupancy occupancy Rate rate expressed as a percentage. The natural Log(Property log of the Age) property’s age in years. Amortization Rate The number Years to of years Maturity from loan
expires before the mortgage on the property matures. LTV Ratio of the value of the loan to the value of the property. D(LTV ≥ 0.70) A dummy variable indicating an LTV greater than or equal to 0.70. Log(Real Property Value) The natural log of the property’s appraised value. Dollars are adjusted by the CPI with 1982-1984 as the base period. NOI/Prop The property’s NOI relative to its appraised value. Occupancy Rate The property’s occupancy rate expressed as a percentage. Log(Property Age) The natural log of the property’s age in years. Amortization Rate Years to Maturity The number of years from loan
ambrose_shafer_yildirim-_tenant_diversification_final.docx