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.
A measure to allow some borrowers to request forbearance from special servicers could hinder new loan originations, said a Real Capital Analytics executive.
Historic low rates are a boon for capital seekers, but institutional investors face newfound uncertainty as lower for longer threatens to become lower forever.
The UK's regulator has thrown its support behind the SONIA benchmark as a replacement for LIBOR, which could have knock-on consequences for private debt documentation.
The impact of the ECB’s monetary policy reversal, growing caution in the banking sector, and the importance of lending selectively were among the concerns at this year’s EXPO Real.
LIBOR has underpinned financial markets for decades. But the benchmark could be phased out in less than three years, with huge implications for real estate lenders.