Tag: Commercial Property Finance



Permanent TSB to sell Non Performing Loan Books

Posted on 6 July, 2014 by Jodee Redmond under Worldwide Property News

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

New Type of Lender enters the Commercial Property Market

Posted on 15 April, 2014 by Jodee Redmond under Commercial Sales and Lets, Industry News

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

Bank of England raises fears over relaxation of Commercial Property Lending

Posted on 7 April, 2014 by Jodee Redmond under Economy, Industry News

Officials at the Bank of England have raised concerns about the relaxation of lending rules in the commercial property market, according recent minutes from its financial markets watchdog. The minutes from last month's meeting of the Financial Policy... Read More

Montello launches Commercial Property Lending Fund

Posted on 21 January, 2014 by Cliff Goodwin under Business News

The bridging loan specialists Montello has launched a new £250m fund aimed at providing short term loans and backing for commercial development projects. London-based Montello, which has an established track record as a real estate lender in the UK,... Read More

Industry Report Recommends Reform of Commercial Property Lending

Posted on 23 October, 2013 by Neil Bird under Industry News

A report designed to prevent the UK’s financial stability being threatened by a future commercial property market downturn has been issued. The document comes from the Real Estate Finance Group (REFG) – a body comprising leading industry figures – and... Read More

Commerzbank Sells UK Business to Wells Fargo

Posted on 21 July, 2013 by Jodee Redmond under Business News

Wells Fargo, the fourth-largest bank in the United States and its largest mortgage provider, has achieved Q2 earnings of $5.52 billion, representing an increase of 20 percent over the previous quarter. The bank has now decided to use some of this... Read More