Alternative lenders

Trimont’s Michael Delaney says lenders should focus on loan events, cashflow and covenants to mitigate current risks. 

The $1.2bn manager is set to provide a whole loan to a London-based developer.

Managing partner Dale Lattanzio says the market is stable enough to execute deals.

The credit manager has set up a Paris-based debt business focused on lending against assets being readied for a low-carbon economy across continental Europe.

The alternative lender is looking to grow its evergreen global Mortgage Income Fund to $500m in the next few years.

According to the industry body’s latest investor survey, 62% expect to increase their allocations to credit vehicles in the next two years.

As huge bond repayments loom, the country’s property companies are looking for alternative sources of finance.

The Vancouver-headquartered manager has bought a stake in and committed up to £1bn to London-based Précis Capital Partners, which has rebranded.

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.

BNP Paribas REIM says the inflationary market favours ESG and demographic-related value creation.