Financing property development requires an appetite for risk that relatively few lenders in Europe currently possess.
Real estate lenders are beginning to embrace the sustainability agenda, but a genuine green lending market remains in its infancy, writes Doug Morrison.
Loan terms should give sponsors the freedom to execute business plans, argued borrower panellists at the recent CREFC Europe Spring Conference. Daniel Cunningham reports.
Banks and alternative lenders are slowly getting to grips with financing the development of purpose-built rental properties in the UK market, writes Lauren Parr.
Construction finance remains scarce across the UK and continental Europe, but alternative capital’s appetite may be growing, writes Lauren Parr.
Financing development projects requires a unique underwriting process and far more ongoing scrutiny than in an investment deal, writes Lauren Parr.
With an acute shortage of housing across the UK’s cities, the regions can offer more attractive financing opportunities than London, says alternative lender ICG-Longbow.
Farrah Brown, head of treasury at TH Real Estate, is responsible for raising the debt that supports the investment manager’s strategy. She tells Jamie Henderson why it is an interesting time to be a core borrower.
There is a debate brewing in the private fund management universe, which includes real estate equity and debt funds, concerning a part of the debt market that serves it: subscription credit lines.
Since Oaktree’s Howard Marks sounded the alarm on subscription line financing, criticism has rained down on an established product. Kalliope Gourntis spoke to investors and managers across the private asset classes about the facilities.