Increasing its exposure to the UK and Irish markets, the American private equity giant Cerberus has agreed to pay £2.3bn for two portfolios of distressed property loans. The Royal Bank of Scotland (RBS), and its Ulster Bank subsidiary, is reported to have... Read More
Deutsche Bank has agreed to sell a $2 billion portfolio of commercial property loans to TPG, a US private equity firm, it is reported. The deal is being driven by the upswing in the commercial real estate market, and Deutsche Bank is expected to post a... Read More
A group of US lenders is focusing on loans for smaller properties, which is good news for ‘mom and pop’ type investors. These lenders, including ones controlled by Guggenheim Partners LLC, Sabal Financial Group LLC, and Waterfall Asset Management,... Read More
Irish lender Permanent TSB Group Holdings Plc has hired Morgan Stanley to sell its commercial real estate and subprime residential mortgage loan books, which have a combined face value of approximately €2.6bn. Most of the loans are non-performing and are... Read More
Commerzbank has disposed of more than €5bn in property loans in Portugal, Spain, and Japan, as the global banking and financial services company continues to run down the assets in its "bad bank." The Frankfurt-based lender has announced that it... Read More
A new type of lender is stepping forward in the commercial property market. As the market begins to expand from traditional areas of strength, such as London and Frankfurt, to other markets, non-traditional lenders are offering funding to investors. An... Read More
The three biggest banks in The Netherlands have set aside enough money to cover their troubled commercial property loans, claims a new a report ahead of a European banking review due to be published later this year. The Dutch central bank — which... Read More
MetLife, Inc. has announced that its commercial real estate division, MetLife Real Estate Investors, originated $11.5 billion in commercial real estate loans in 2013. MetLife continues to be a leader in the commercial mortgage market as well as the largest... Read More
Wall Street banks will soon be faced with an increase in demand from borrowers seeking commercial property loans in the wake of the Federal Reserve's announcement to maintain its current pace of stimulus measures, according to JPMorgan. Interest rates... Read More
