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The US firm says Europe’s real estate lenders have staved off a loan crisis with forbearance. But that forbearance will not continue indefinitely.
In stark contrast to the US, Europe’s CMBS loans have largely avoided emergency treatment, according to the London-based firm.
The Miami-based firm expects most loans in special servicing to become performing again, largely because of higher credit standards post-GFC.
The world’s largest CMBS servicer says its actual special servicing activity during the covid-19 crisis is more than what the numbers show.
These debt handlers are front-and-center of the real estate distress unfolding during the covid-19 crisis.
Although diversity in Europe’s real estate debt industry is difficult to quantify, data on the wider property industry show there is a long way to go.
LaSalle’s Amy Klein Aznar says company culture is crucial when it comes to increasing diversity.
Executive search specialist Ghada Sousou believes companies need to create diverse cultures to attract diverse workforces.
Brookland's Nassar Hussain says a focus on socioeconomic background is essential to promoting diversity.
Emma Huepfl, chair of CREFC Europe, says the industry can learn from people’s lived experiences.
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