The lowdown loan to own
Language: English Series: Property Week ; 75(43) 23 October 2009, 19(1)Publication details: 2009Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L148780 (Browse shelf(Opens below)) | 1 | Available | 148780-1001 |
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.