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Senior debt
As borrowers increasingly seek whole loans, senior funds are more difficult to deploy, according to the manager’s head of commercial debt funds.
The manager says the additional capital provides it with £1.3bn in available capital.
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 firm’s European head of debt believes asset quality will be crucial for lenders as borrowers face refinancing pressures.
The refinancing of the US manager's Kereby platform saw local lenders replace financing from an international bank.
The US firm has been growing its European lending exposure in partnership with lender Earlsfort Capital Partners.
The Wiesbaden-headquartered lender says the city’s hospitality sector is performing well in an inflationary environment.
The property adviser finds lenders exercising caution in expectation of further price falls in the market.
French bank cites potential problems for Aareal and pbb Deutsche Pfandbriefbank, although the latter strongly disputes the findings.