There’s a gap of $55 billion between the amount owed by commercial property owners across Germany, France and the UK and the credit likely to be available for refinancing when the borrowings mature, according to research by AEW Europe SA.
Opaque structures such as LLCs sometimes make it difficult to pin down who’s behind them. But the stakes are high for commercial real estate professionals who knowingly or unknowingly violate sanctions against the Russian elite.
The fund offers fixed and floating-rate senior, mezzanine and preferred-equity loans at rates of about 8 percent to 12 percent depending on the type of debt, according to Richard Litton, president of HGI.
Roughly 70 CLO equity investors attended a call hosted by Eagle Point Credit Management earlier this month where participants discussed pushing CLO managers to advocate harder for their economic interests, multiple firms that attended the meeting...