Guest Writer
Paul Lloyd, co-founder and CEO at Mount Street, talks about the trend towards large-scale servicing mandates and how a challenging 2023 will impact the debt market.
Rising interest rates and sluggish dealflow may be concerns, but there are still notable opportunities in emerging asset classes and energy transition financing, say ING’s Arie Hubers and Pierre Devlaminck.
Small-ticket and mid-market lending have felt the pain of a difficult end to 2022. But when volatility strikes, so does opportunity, say Daniel Austin and Doug King, co-founders of London-based specialist lender ASK Partners.
The role of alternative German real estate lenders is growing as cautious banks scale back, say CAERUS CEO Michael Morgenroth and CIO Peter Anthuber.
Post-covid, occupiers’ demand for best-in-class office buildings is presenting an opportunity for lenders, argues Dan Riches, real estate debt co-head at M&G Investments.
Users of loan-on-loan financing may want to provide their lenders additional protections in this period of uncertainty, say Richard Hanson and Julius Maximilian Rogenhofer of law firm Morgan Lewis.
Trimont’s Michael Delaney says lenders should focus on loan events, cashflow and covenants to mitigate current risks.
To fight ‘active inertia,’ managers will need to adapt to changing client requirements,’ writes Chris Urwin, founder at advisory firm Real Global Advantage.
The loan servicer predicts finance will focus on bridging the debt funding gap and green upgrades, says Serenity Morley, managing director, loan servicing, at Mount Street.
Christian Liedtke, chief executive of German asset manager Beach River Capital, argues European real estate is on a firmer financial footing than the central bank’s latest report suggests.