The lowdown loan to own
Chesters, Laura
The lowdown loan to own - 2009 - Property Week 75(43) 23 October 2009, 19(1) .
The US method of acquiring assets, loan to own, is becoming a more common work-out strategy in the UK property sector. Explains the strategy, when it might be used, who might be the lenders and enforcing the security. Property debt investors Ellandi and Development Securities employed a loan to own strategy earlier in 2009, buying a £10m loan from Barclays Capital secured against a Somerset shopping centre.
LOAN TO OWN
United Kingdom--
The lowdown loan to own - 2009 - Property Week 75(43) 23 October 2009, 19(1) .
The US method of acquiring assets, loan to own, is becoming a more common work-out strategy in the UK property sector. Explains the strategy, when it might be used, who might be the lenders and enforcing the security. Property debt investors Ellandi and Development Securities employed a loan to own strategy earlier in 2009, buying a £10m loan from Barclays Capital secured against a Somerset shopping centre.
LOAN TO OWN
United Kingdom--