Home Development finance
Development finance
Debt providers increasingly view hotels as an appealing asset class despite economic headwinds.
With the war in Ukraine fuelling inflation and interest rates on the rise, real estate debt market participants are bracing for volatility.
In a webinar last week, the French bank argued the provision of debt in European real estate markets has not been significantly impacted by political and economic factors.
The managing director at the Paris-based asset manager says investors should be re-underwriting business plans to fit the current inflationary environment.
Lenders see the Windy City as the once and future cultural, population and economic hub of the Midwestern US, despite concerns over rising property taxes and high crime rates.
Through the new partnership, the organisations have already closed two deals, including the £251m financing of a residential development in London’s Nine Elms.
After underwriting a modular construction project for the first time, the bank says the building method can be efficient and sustainable but comes with specific lending risks.
Senior executives at two of Canada's biggest institutional real estate investors said they expected state intervention to prevent the developer's $300bn debt pile from becoming a global issue.
Lenders at the PERE Debt & Financing Forum, held in London this week, said residential sectors and development mandates are increasingly attractive.
As building owners ready their properties for the real estate recovery, debt advisers are helping to source finance for their business plans.