Debt-to-equity swap: acquiring property out of insolvency
Accept the recovery rate as a creditor – or take over the assets? How a pension scheme moved three properties out of insolvency into its own fund structure.
Real assignments from the real estate industry: how experienced interim managers and freelancers run transactions, structure financing and steer portfolios – from the initial situation to the result.
Accept the recovery rate as a creditor – or take over the assets? How a pension scheme moved three properties out of insolvency into its own fund structure.
A special fund keeps running even when its leadership is missing: how an interim mandate in a Munich service KVG took on unit steering and regulatory responsibility.
In small organisations knowledge sits in people, not systems. How a family office combined the change at the top with a strategic realignment.
Conflicts of interest arise not from misconduct but from structure. How a Pfandbrief bank captured its conflict constellations in the fund business systematically.
Many exposures, no direct control, data in every conceivable format: how a grown Excel landscape became a scalable reporting architecture.
At some point the system no longer steers, it merely administers. Why overhauling a portfolio management system starts with metric definitions, not software.
58 assets are not 58 transactions. How a private equity investor interlocked due diligence and acquisition finance so both were ready to close at once.
No income value, no rents: with development land the buyer pays for an assumption about the future. How to evidence that potential rather than assert it.
Fund structure, capital raising and portfolio build-up have to run at once – otherwise one of the three waits. Launching a SICAV-RAIF for an Austrian residential portfolio.
The choice of agency shapes buyer pool, pace and price – and is often made on instinct. A competitive award procedure for 27 properties.
Pre-selecting lenders, distributing documents, holding deadlines – in five languages. How spreadsheets and mailing lists became an international debt advisory platform.
Tendering is not asking several banks – it is organising competition so offers become comparable. A financing process through to financial close.