Daniel Cunningham
Credit will provide a major access point into real estate for an increasing number of investors in the year ahead.
As the voting deadline for Real Estate Capital’s annual awards draws near, competition is fierce across several categories. Your vote could make all the difference, so head to the polls before they close at midnight on 8 January.
The attraction of real estate debt as an asset class increased this year, although so did the difficulty deploying the capital.
It’s the news you’ve all been waiting for… The Real Estate Capital annual awards poll is now open, giving you the chance to have your say on which organisations and deals defined the market in 2017.
Innovation in the industry will require debt providers to rethink how they underwrite certain properties.
Henderson Park’s Nick Weber is targeting value-add opportunities in a late-cycle market. Europe’s wall of debt maturities is helping to create them.
Bank of America Merrill Lynch’s UK CMBS deal shows investment banks remain determined to finance European real estate in this late-cycle market.
Bank of America Merrill Lynch has priced a £347.9 million (€389.3 million) UK CMBS, against the backdrop of a market which has been virtually closed for around 18 months.
Lloyds Bank has chosen the UK pub industry for the latest loan to be issued through its Green Lending Initiative, which grants reduced pricing for loans to assets that hit agreed sustainability criteria.
When it comes to financing residential, it would be wise to choose schemes local people can afford to live in.