Clifford Chance
CMBS and Real Estate Finance – responding to new investor demand
7 February 2014
The European commercial mortgage market has seen a resurgence over the last two years, at least for prime properties and strong sponsors in the UK and Germany. The need to refinance large CMBS transactions has led to a series of new financings through bank syndicates, bond restructurings, new CMBS, high yield or secured bonds. Here Clifford Chance experts consider the shape of real estate finance today, including the shifting investor base, product mix and borrower demand.
