‘Mega-deals’ in the Spanish market during 2017 could encourage other banks to put portfolios on the block, says the investment banking firm.
2 min read · 02 February 2018
Sareb has managed to reduce bad loans by almost one-third, but divestment of toxic assets remains behind target.
4 min read · 26 January 2018
Dale Lattanzio, managing partner for DRC Capital, talks with Real Estate Capital about the prospects and trends for 2018.
1 min read · 18 January 2018
Oaktree Capital Management has bought a portfolio of non-performing loans with a nominal value of €150 million from Sareb, Spain’s ‘bad bank’.
1 min read · 02 January 2018
Deutsche Bank has acquired a portfolio of non-performing loans with a nominal value of €375 million from Sareb, Spain’s ‘bad bank’.
1 min read · 21 December 2017
US private equity firm Cerberus has signed €3 billion debt financing with Morgan Stanley to finance the acquisition of BBVA’s bulk of property assets, Spanish media reported.
2 min read · 11 December 2017
Residential development in Spain is back, with banks again willing to provide finance and reckless lending a thing of the past.
6 min read · 06 December 2017
Henderson Park’s Nick Weber is targeting value-add opportunities in a late-cycle market. Europe’s wall of debt maturities is helping to create them.
10 min read · 04 December 2017
Spanish bank BBVA has sold an 80 percent stake in its domestic real estate business to US private equity firm Cerberus for €4 billion.
2 min read · 29 November 2017
Lenders trying to capture high-yielding opportunities should consider the lack of debt available to buy land for Spain’s residential comeback.
3 min read · 16 November 2017