Andy Thomson is a Senior Editor at PEI with responsibility for Private Debt Investor, the leading title focused on the world's private debt markets. Andy works closely with team members in London, New York and Hong Kong. He has been with PEI for many years, having worked previously on Private Equity International and Infrastructure Investor.
It’s a mixed picture in European real estate lending, with volumes increasing in Germany, the Benelux and Nordics, but declining in the UK, according to the latest European Lending Survey for Spring 2017 from Cushman & Wakefield.
We have heard a lot of theories about what may or may not have happened in the UK lending market in the first half of this year, but now, thanks to the work of the De Montfort University report authors, we have the raw data to examine.
It was a relatively small deal but it may have signalled something big. This summer, Pembrook Capital Management stepped in with a $16.6 million loan to support the acquisition of the Mark Twain Hotel in Chicago by NHP Foundation, a New York-based not-for-profit real estate corporation.