Borrowers

Receiverships at Docklands office buildings in London suggest even prudent senior lenders will be impacted by problems in the office sector.

Debt providers can take steps to navigate complex situations in this challenging market, comments Ali Khaki, insolvency practitioner with FTI Consulting.

The Canadian manager secured financing from a consortium of lenders to develop a further 440,000 sq ft on its Harwell campus in Oxford.

A key driver of activity in the multifamily sector is support from Fannie Mae and Freddie Mac for stabilized and pre-stabilized assets.

Large commercial real estate exposures and rising credit risks of Swedish loans make the region’s biggest banks vulnerable as prices decline, DBRS MorningStar warns.

The Central Bank of Ireland’s latest review foresees continued price declines testing loan-to-value covenants.

Carlos Slim’s Banco Inbursa funded the senior mortgage.

The firm compared the leverage and yields on the B-piece with similar metrics for preferred equity or mezzanine debt investments.

The head of Europe for the risk management firm sees sponsors aiming to push out debt maturities by up to two years.

The investment manager acquired one of France’s largest studios from French property manager Nexity.