Sentences with phrase «accrued pref»

But you're unlikely to see it for 3 - 4 years because accrued pref usually sucks up the cash in the early period as income is increased from renovations or churning the rent roll.

A third method is to have operating cash flow first go to pref, then any undistributed accrued pref, then to principal and never enter split territory until all principal has been returned.