.john urban
Private funds extend credit to homebuilders amid the nascent availability of offshore credit in China’s credit market.
These institutions prefer floating rate-based loans to mitigate foreign currency hedging risks.
Real estate developers in China are turning to private credit managers to meet their financing needs amid a continuing liquidity crunch.
Peter Sotoloff of Mack Real Estate Credit Strategies discusses the growing popularity of real estate mezzanine debt investing – and why there are risks involved.