Lucy Scott

Alex Price and Steven Wright, co-founders of Ashen Capital, have invested in a debt fund alongside lender Sibner Group.

Bond demand, loan pricing, and credit quality could be impacted by the current turmoil, says Chatham Financial’s Jackie Bowie.

Ben Eppley, partner at the US manager, explains the reasoning behind issuing a £610m loan against the estate’s retail assets.

The Toronto-based manager wanted to find a buyer for the London office tower by 20 January, prior to the expiration of the underlying commercial mortgage-backed securities loan.

The manager says many borrowers will need a range of rescue capital solutions next year.

The manager says a variety of factors are creating compelling returns opportunities across debt and equity strategies.

Speaking at PEI Group’s Women in Private Markets Summit, the capital markets specialist said banks want to issue indirect real estate loans.

Special servicer SitusAMC has agreed to a one-year extension on the loan backed by The Squaire, which was set to mature this month.

The facility replaces a €723.9m loan secured by the Finance Tower, owned by South Korea’s JR Global REIT.

Real Estate Capital Europe’s inaugural Borrowing Barometer survey reveals borrowers are keen to acquire as debt costs stabilise.