Not exact matches
It limits the Company's liability within an appropriate framework, reduces
potential risk of unlimited liability and reputational risk
thereby securing the valuable
assets of the company.
The
asset provides us with a compelling opportunity to renovate approximately 850 units to generate rental growth, and the
potential opportunity to develop additional units onsite,
thereby offering multiple price points in a submarket with a strong population of renters.»
Also NSAM has the ability to earn incentive fees each quarter based on NRF's cash available for distribution (or CAD) which may create an incentive for NSAM to invest in
assets with higher yield
potential, which are generally riskier or more speculative, or sell an
asset prematurely for a gain and pay down borrowings, in an effort to increase its short - term net income and
thereby increase the incentive fees to which it is entitled.