| From Bloomberg: Mark Finerman, who left as head of commercial real estate lending at RBS Greenwich Capital in May, is raising about $3 billion for a fund to make senior property loans, people familiar with the matter said.
Finerman's LoanCore Capital LP wants to help fill the void in commercial property lending since banks stopped making new loans in the collapse of the U.S. subprime market. LoanCore will provide cash for acquisitions and refinancings, earning profits from the wider credit spreads spurred by the crisis..... Full Article: Source
|