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venta de activos en el balance de promotor

Discussion in 'Financial Terms' started by --cheerio--, Sep 19, 2013.

  1. --cheerio-- Junior Member

    England (London), English
    venta de activos en el balance de promotor

    This phrase is referring to real estate finance, and the sale of (often foreclosed) real estate assets. Am I right in thinking this phrase means something like: "Sale of assets from the developer's balance sheet"? It sounds a little clumsy in English. Gracias!
     
  2. Fernando Senior Member

    Madrid
    Spain, Spanish
    Literally it would mean "in" the developer's balance sheet". It is also clumsy in Spanish.

    I have a clue but I would need to knowif your text is from Spain and a little bit more of context. Maybe (only maybe) it could refer to sales of real estate of a bank and they are selling not only their own assets but also the assets of a developer who has not paid to the bank (and whose assets are still in the balance sheet of the developer.

    Does it make sense in context?
     

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