Reported 4 months ago
AB CarVal Investors LP, a Wall Street alternative money manager, is increasing lending in the high-risk real estate sector, seizing an opportunity as traditional banks cut back on lending due to regulatory pressures. With over $50 billion expected in deals for residential mortgage loans and residential development lending in Europe alone, the New York-based firm is expanding financing in the sector, obtaining double-digit returns. Through partnerships with banks and direct lending, CarVal is navigating regulatory challenges while filling the lending gap left by banks in Europe's alternative and middle-market lending landscape.
Source: YAHOO