Home Refinancing

Refinancing

The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.
City of London skyline
The bank has provided a £46m loan to South Korean managers Kiwoom Securities and Hana Securities.
The three-year facility to developer Princeton Investments has been originated at 60% LTV.
The Chicago-based manager has provided a €70m facility to developers Amro Partners and Falco Capital.
In its latest research, the manager forecasts a 7.5% default rate across loans originated during 2018-21.
Europe
New York-based property consultant, which expanded to Europe last year, foresees a transformative period in the region in 2025-26 amid loan maturities.
German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.
Former Mark Capital executive assembles team of six at new firm Akkord to meet demand for help with problem assets.
Mark Branson said lenders will be under pressure as the credit quality of real estate loans continues to decline.
The German listed company is seeking to secure new terms on a bridging facility and bond debt maturing in 2024.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination