NatWest’s expected sale of a portfolio of non-performing loans to a joint venture between equity firm Attestor Capital and retail property specialist Ellandi is the first significant UK NPL sale in the wake of the pandemic, market participants say.
3 min read · 07 October 2021
James Jacobs, head of real estate for Lazard’s private capital advisory group, says the easing of restrictions on both sides of the Atlantic is changing institutions’ appetite for risk.
2 min read · 02 July 2021
Starwood now expects less troubled deal flow to emerge in the non-performing-loan space from the current pandemic crisis than it did before. But that should not worry investors which committed to its latest ‘distressed’ fund.
3 min read · 01 July 2021
Blackstone and Starwood’s sweetening of an already sweetened offer shows a strong conviction in the sector.
3 min read · 17 June 2021
The New York-based firm’s latest vehicle is effectively a non-traded REIT within a 1940 Act wrapper, but the wrapper is where the innovation lies.
2 min read · 27 May 2021
Inflation fears are back but mitigating forces should not be underestimated, says Jose Luis Pellicer, head of investment strategy and research at M&G Real Estate.
5 min read · 10 May 2021
Oaktree’s substantial deployment of its latest property fund is not indicative of dealflow in the market overall, but rather that it is ahead of the pack.
3 min read · 25 March 2021
Rising foreclosure rates show relief has not prevented some borrowers from losing their properties – and they give a glimpse of what is to come next year.
2 min read · 03 December 2020
Vacancy and rental levels could be on a longer-than-anticipated road to recovery, especially in western markets.
3 min read · 14 October 2020
The wall of capital will likely mean lower returns for property credit strategies. But that has not deterred institutional capital from piling in, as this record-breaking close will attest.
3 min read · 24 September 2020