Imagine a school-community that successfully embodies a culture that is at one with our highest moral aspirations, and that throughout the life of this school -- in the teachers, in the curriculum, in the hallways, in the lunchroom, on the bulletin boards, etc. -- these moral aspirations live as social reality.
HVCRE is defined to include credit facility that, prior to conversion to permanent financing, finances or has financed the acquisition, development, or construction (ADC) of real property, unless the facility finances:
any high-volatility commercial real estate (HVCRE) exposure, defined as âa credit facility that finances or has financed the acquisition, development, or construction (ADC) of real property.â Exempt from the HVCRE classification are loans that finance the acquisition, development or construction of one- to four-family