Hi all
One for the brokers perhaps? Just wondering if, in the new financial world we are in today, anyone knows of lenders still considering or doing non-recourse funding for syndicates? Thinking in terms of commercial / industrial property opportunities in particular.
If so, does anyone know what is being achieved on that front in terms of the likely decline in LVRs and increase in IRs compared to recourse lending?
Or are syndicates dead ATM from a lack of non-recourse funding? I know of wind farms still being financed on a non-recourse basis on terms slightly less favourable than before but don't know what has happened in the property market?
Thanks!
One for the brokers perhaps? Just wondering if, in the new financial world we are in today, anyone knows of lenders still considering or doing non-recourse funding for syndicates? Thinking in terms of commercial / industrial property opportunities in particular.
If so, does anyone know what is being achieved on that front in terms of the likely decline in LVRs and increase in IRs compared to recourse lending?
Or are syndicates dead ATM from a lack of non-recourse funding? I know of wind farms still being financed on a non-recourse basis on terms slightly less favourable than before but don't know what has happened in the property market?
Thanks!