BF.direkt’s fourth quarter sentiment sweep of 110 lenders shows mood is at an all-time low.
Inside: The debt funding gap – why refinancing maturing loans is becoming a challenge; Europe’s Top 50 Lenders 2022 – our annual round up of the industry leaders; A 16-page special report on small-ticket lenders; A Spain roundtable; Plus much more…
The newly branded Niam Credit plans to expand into mezzanine finance in preparation for widespread refinancing challenges in the region.
The German residential landlord is renovating homes to help lower tenants’ energy bills.
Loans coming to maturity in the next two years will be hard hit by interest rate rises and decreasing loan-to-values, respondents said.
The lender originated the loan at a low debt yield but expects this metric to change as the sponsor executes a capex campaign.
The region’s well-developed banking market and strong macroeconomic features are creating a stable lending environment.
The New York-based mega manager expects deployment activity to become muted but more creative dealmaking to emerge in the near term.
UK offices and retail are sectors of most concern as interest coverage ratios plummet.
Private real estate managers are being cautioned to garner a greater understanding of the vitality of their tenants to avoid triggering income clauses in their borrowing terms.