Real estate debt

Alternative lenders striking bank partnerships to restructure, acquire maturing loans

As banks seek to address commercial real estate exposure, alternative lenders are stepping in to acquire or help restructure loans.

ECB sees non-bank real estate lenders as major risk to financial stability

The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.

M&G raises £350m for senior and junior credit vehicles

The manager says the additional capital provides it with £1.3bn in available capital.

Starwood Property Trust enters mid-market lending

The firm is responding to a pullback from bank lenders, chairman and chief executive Barry Sternlicht said on Starwood Property Trust’s Q4 earnings call.

Hodes Weill’s Hodes: 10% fund reserves are now ‘insufficient’

Most assets need an additional 15-20% in reserves to address refinancing issues, according to the advisory firm’s co-founder.