SPE

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SPE

abbr.
special purpose entity
References in periodicals archive ?
The team represented both the buyer, Hanna Graham Associates, and the seller, a single-purpose entity controlled by the Boris Lurie Art Foundation.
The borrower is a newly-formed, single-purpose entity.
Quabaug is not willing to purchase the Aztec property and will only consider leasing if the town is willing to proceed with leasing to a single-purpose entity.
L90 is a not-for-profit single-purpose entity, formed and owned by public municipalities in the Jutland region in Western Denmark.
CRIIMI MAE has initiated foreclosure proceedings on all of the Shilo Properties, and the single-purpose entity responded by filing for Chapter 11 bankruptcy protection for all four hotels.
For the purpose of issuing bonds for headquarters hotel financing, governments often create a single-purpose entity to isolate hotel operations from their other assets and revenues.
Nonetheless, it may be advisable for title to the parked property to be held in a single-purpose entity, such as a single-member limited liability company (SMLLC) established by the intermediary for the sole purpose of holding such tide.

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