Home Lending

Lending

Ratings agency S&P expects the delinquency rate to climb higher for June, although European CMBS are so far weathering the storm.
Sculptor
The New York-based alternative asset manager, formerly known as Och-Ziff Capital Management, beat the target for its latest property vehicle by nearly $1bn.
Debt fund lenders may need to lower their return expectations as banks become reluctant to provide funding lines, warns the real estate manager.
Property debt providers are understandably preoccupied by the pandemic. But it is crucial that progress continues to be made in sustainable finance.
L&G Bromford affordable housing
The insurance company has provided a 40-year financing to housing association Bromford Housing through a private placement.
Europe
The London-based manager has made appointments in Paris and London as it expands the focus of its lending beyond the UK.
A nine-month ‘national timeout’ for the hospitality sector will bolster liquidity, according to the private wealth law firm.
The UK debt fund manager has provided construction finance for Slovakian developer JTRE’s Triptych scheme at a time of scarcer construction finance due to the covid-19 pandemic.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination