Projects that are managed and operated as a hotel or motel, even though the units are individually owned.
Split Ownership Arrangements
Projects with covenants, conditions and restrictions that split ownership of the property or curtail an individual borrower’s ability to utilize the property, including timeshare or segmented ownership projects
Non-Real Estate
Projects with property that is not real estate, such as houseboat project.
Continuing Care Facility
Any project that is owned or operated as a continuing care facility.
