Real estate investment managers are chomping at the bit to enter the senior debt arena. While mezzanine debt players have already become a fixture of the real estate lending landscape in the past two years or so, senior debt funds are still evolving. A sizeable number have made their appearance in recent weeks, but more will spring up in the course of the year, predicts Michael Lindsay, head of Cushman & Wakefield’s EMEA corporate finance team.
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