A slowdown in China, uncertainty in the U.K. and Europe, new bank regulatory requirements and an interest rate rise in the U.S. could prompt geo-political volatility that will affect trade, consumer prices and interest rates. This turbulence poses new challenges for the global real estate market. Yesterday’s strategies will not work in today’s rapidly changing world.
Competition for capital could become an issue as capital markets for commercial real estate have slowed down and the competition among certain providers of permanent CRE debt capital has become more intense. Although the lending environment will continue to become more restrictive, an increasing real estate technology boom combined with a robust demand for industrial, multi-family and retail properties and related financing activity are expected to continue to shape the market going forward.
Partnering alongside institutional investors, developers, owners, lenders and underwriters, our cross-functional team has led some of the most challenging and complex real estate transactions across the globe. Regardless of where our clients are located, we find innovative ways to help them achieve their strategic objectives. And in doing so, we help maneuver the political, regulatory, economic and technological challenges our clients may face.
Our team understands the specific needs of international investors, lenders, servicers, agent banks and borrowers in real estate debt products. The representation of equity investors is also key to our practice, as we regularly advise individual investors, joint ventures and investment funds. Clients rely on the experience of a team which pioneered the development of highly successful and sophisticated real estate financing techniques, including the first-ever corporate revolving credit facility for a Mexican FIBRA, the first-ever syndicated financing of a Japanese distressed debt portfolio and the first-ever subscription financing for a European real estate investment fund.