Lending

Lenders are facing calls to grant interest payment holidays, force majeure is on people's minds, and operational property is expected to be hardest hit.

Borrowers with financially engineered performances face covenant breaches amid a market correction, warns AXA IM – Real Assets’ head of research and strategy.

A measure to allow some borrowers to request forbearance from special servicers could hinder new loan originations, said a Real Capital Analytics executive.

The £180m loan for a new luxury London hotel is one of the few financing deals closed in the sector since the pandemic began.

Commercial tenants have been granted rent holidays as they deal with the impact of covid-19. Now, pressure is mounting for debt providers to grant similar treatment to their borrowers.

Legal issues finance parties could face during the coronavirus pandemic will most likely be linked to traditional financial covenants, argues one real estate finance lawyer.

The real estate investment manager has named a new CEO following the close of the merger between Bentall Kennedy and GreenOak last year.

A survey by Link Group shows few property finance professionals saw coronavirus as a major threat in January.

Our conversations with debt providers suggest many will favour a collaborative approach to dealing with difficulties faced by borrowers.

Following its signing of a €45m sustainability-linked loan, the fund manager’s ESG expert argues that such deals should remain high on the industry’s agenda, despite the covid-19 crisis.