Alternative lenders

A trend of institutional investors elevating credit-focused executives is a natural and predictable mirror of what is happening with managers.

Lenders, including debt funds, issued significantly less financing, the business school’s data shows.

Conditions are ripe for lending, but barriers to entry in the industry remain high, delegates at PERE’s London event heard.

Speaking at the PERE Network Europe Forum, the CEO and CIO of real estate at the asset management giant said Europe’s debt funding crisis is about to intensify.

CREFC Europe, INREV and the Alternative Credit Council hit back at ECB warnings about risks posed by commercial real estate.

The firm has originated two loans, one in Germany and the other in the Netherlands, ahead of a fourth fund launch.

As borrowers increasingly seek whole loans, senior funds are more difficult to deploy, according to the manager’s head of commercial debt funds.

Atlas Capital Partners, founded by Sean Tarrant and Christoph Nickel, has provided a £15m refinancing of a Knightsbridge residential asset.

The manager says more investors will return to real estate following a recovery in stocks and bonds.

The London-based manager was selected to provide the financing because it was able to provide a whole loan.