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ARTICLE · 08 OCTOBER 2013

Loan To Own

Jones Day
Jones Day
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As a result of recent regulatory changes, lenders have been forced to contract their balance sheets by divesting capital-intensive real estate loans.

United KingdomReal Estate and Construction
Jones Day
Jones Day
Emily Firn
Emily Firn
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As a result of recent regulatory changes, lenders have been forced to contract their balance sheets by divesting capital-intensive real estate loans. To date, attention has been focused on the sale of large non-performing loan portfolios by banks to private equity and hedge fund investors.  Whilst it is predicted that €13.83bn of real estate loan portfolios will be sold in the UK during 2013, lenders are also increasingly taking a more granular approach and selling individual loans with outstanding balances of between €10m and €150m.

Individual loan sales appeal to a wider group of potential purchasers, including traditional real estate investors who more commonly favour direct investment in real estate assets.

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