Hints and tips:
Related Special Reports
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...Dickie said that because Grosvenor was already a commercial developer, funding construction was “already within our risk appetite” and the company could more easily “take a view on pricing that risk”....
...KKR last month told investors that lending to high-rated companies was part of a $40tn opportunity amid a “structural shift away from the traditional commercial banking model.”...
...Unhedged: What do you make of the anxiety surrounding commercial real estate and regional banks? Does it make sense as an investment opportunity?...
...While some workers were returning to the office, companies were unlikely to need as much space as before the pandemic, Tobias Adrian, director of the IMF’s monetary and capital markets department, told the...
...New lending to UK commercial real estate fell to a historic low in 2023 as lenders and investors struggled with falling property values, higher debt costs and pressure to deal with troubled loans....
...In some sense, China’s choice to classify a large chunk of its lending as commercial is backfiring....
...Mubadala holds a minority equity interest in US technology private equity group Silver Lake and has created large lending and investment partnerships with Apollo Global....
...Its marginal lending facility rate, for overnight lending, will remain 0.25 percentage points above its refinancing rate....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...The owners and managers of the True Confidence, who purchased the vessel just days ago from US private equity group Oaktree Capital, gave details of the deaths and injuries in a statement on Thursday....
...While new Fed proposals to increase bank capital (dubbed the “Basel endgame”) are being recalibrated, further adjustments to liquidity, capital rules and risk management practices are nonetheless likely....
...IFR reports that Morgan Stanley is currently marketing its Morgan Stanley Direct Lending Fund at the moment — eyeing a pricing next Tuesday — while Nuveen Churchill Direct Lending Corp is likely too list...
...grade, that is, direct lending....
...and whether they “provision appropriately and have sufficient capital to buffer against potential future CRE loan losses”....
...In a further sign of support, the Chinese capital has started road-testing unmanned police patrol vehicles....
...The central bank’s “pledged supplementary lending” programme, a quasi-fiscal facility for cut-price loans used in past stimulus pushes, increased the pace of lending 12 per cent in December....
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...Commercial real estate CLOs do exist, though the market is primarily one for corporate lending....
...It’s been clear for nearly a year that regional banks’ fates could turn on their exposure to commercial real estate markets, and New York Community Bancorp just gave investors a very jarring reminder....
...Blackstone took control of the trust in 2013 and two years later dramatically expanded it with the purchase of a $4.6bn portfolio of commercial mortgage loans from GE Capital....
...Lending the company’s brand name and sharing rental income with landlords instead of leasing space — a capital-light structure — is another possibility....
...“We have strict safeguards to prevent the theft of our confidential commercial information and trade secrets,” Google said in a statement....
...The reports provide a robust set of statistics taken from this database that spans 30 years of lending by GEMs members....
International Edition