The mezzanine real estate debt market in Europe is maturing, driven by increased lender competition and pricing stabilization, which should generate greater activity in 2011 and beyond according to a new report by CB Richard Ellis.
At the height of the crisis, expecting a surge of distress, lenders sought opportunistic returns of 20%-25% for providing mezzanine financing on core assets in prime locations. At this time, over 100 potential participants expressed interest in the market..............................................Full Article: Source
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