Lending Appetite for Spanish Real Estate
Post COVID stock shock or business as usual?
Thursday, 5th November
15:00 - 16:00 | Central European Time (GMT+1)
Submit your interest (Non-members)
Participation is restricted to Club Members and eMembers.
If you would prefer to contact us by email, please send to [email protected].
Our team will get in touch with you soon to confirm your participation
For domestic and international investors trying to find decent yields in the Spanish real estate market, financing transactions has become increasingly more difficult post-COVID, as many senior debt lenders adopt more conservative approaches. While alternative lenders push up debt prices and inbound institutional capital starts to thin, how can investors and developers attract financing, and how might lenders remain competitive in a post COVID recessionary world of propped up rates?
This eMeeting will have a closer look at lenders’ financing appetite in terms of risk and asset classes for the Spanish real estate by drawing comparisons to the GFC in order to map out short, medium and long term lending behaviour.
This eMeeting will have a closer look at lenders’ financing appetite in terms of risk and asset classes for the Spanish real estate by drawing comparisons to the GFC in order to map out short, medium and long term lending behaviour.
-
Lending Appetite for Spanish RE
Post COVID stock shock or business as usual?
Post COVID stock shock or business as usual?
- Forward Funding - Equity now, debt later?
- Lenders’ Accounting Standards - How will it change the game?
- GFC - Any lessons learned?
- Which Asset Classes are Lenders Still Looking at?
- Banks, Debt Funds, Mezz - Any upsides to more risk & higher prices?
Moderator
Javier Beltrán de Miguel
CEO
CG Capital Europe
Alberto
López Balbas
CEO AEXX CAPITAL / FOUNDER URBANIA
AEXX CAPITAL
Gonzalo
Gallego
Managing Director
Cerberus
Guillermo
Bergareche
MD, Head of Real Estate Iberia
Crédit Agricole CIB
Lorcain
Egan
Co-Head Europe
Starwood Capital Group
Michael
Nagelberg
Managing Director
Blackstone
Paul
House
Managing Partner
Ara Venn
Sam
Mellor
Head Europe & Asia Pacific RE Debt
Barings Real Estate Advisers
Javier Beltrán de Miguel
CEOCG Capital Europe
Spain
Alberto López Balbas
CEO AEXX CAPITAL / FOUNDER URBANIAAEXX CAPITAL
Spain
CEO AEXX CAPITAL, a Madrid/London based privately held investment firm specialised in direct lending, asset backed distressed debt and other unique special situations, primarily in western Europe. Alberto is the Co-founder of URBANIA INTERNATIONAL, a real estate private equity firm with over €1 billion under management. Mr. Lopez has been involved in over €2 billion of opportunistic, value add and debt real estate investing in Europe. Mr. Lopez received an International MBA from EM Lyon & EOI and has a Bachelor’s degree of Economics.
Gonzalo Gallego
Managing DirectorCerberus
Spain
Mr. Gallego joined Cerberus in 2018 as Head of Real Estate Advisory in Spain. Based in Madrid, Mr. Gallego is responsible for executing and overseeing real estate acquisitions and transactions activities in Spain. Prior to joining Cerberus, Mr. Gallego was most recently a Partner at Deloitte LLP in its Financial Advisory business, where he provided advice to different funds on the execution of portfolio purchases amounting to over €39 billion and was responsible for the servicing and developers industries. In 2005, he founded Quadratia, a specialized consulting division for financial entities in the residential real estate sector, and he was the Managing Partner until 2015.
Guillermo Bergareche
MD, Head of Real Estate IberiaCrédit Agricole CIB
Spain
1997-2001 – Education at CUNEF, Major in Finance. 2001-2003 – Lehman Brothers, Analyst, Mergers & Acquisitions, London. 2003-2008 – Crédit Agricole CIB, Associate Director, Project and Acquisition Finance, Madrid. 2009-2016 – Crédit Agricole CIB, Managing Director, Head of Real Estate and Hotel Group Spain, Madrid
Lorcain Egan
Co-Head EuropeStarwood Capital Group
United Kingdom
Lorcain Egan is a Managing Director and Co-Head of Europe for Starwood. Mr. Egan is responsible for Starwood’s international lending platform covering Europe and Asia. Since joining Starwood in 2013, Mr. Egan has structured and executed financing transactions and secured financing for Starwood’s equity acquisitions across Europe and Asia. Prior to joining Starwood Capital, Mr. Egan was a Vice President at Barclays Bank where he worked in their Structured Property, Debt Finance team based in London. In this team, Mr. Egan focused on originating, structuring and executing real estate debt opportunities for Barclays.
Michael Nagelberg
Managing DirectorBlackstone
United Kingdom
Michael Nagelberg is a Managing Director in the Blackstone Real Estate Debt Strategies Group, based in London. Before joining Blackstone, Mr. Nagelberg was a Principal at TPG and was responsible for originating, acquiring, and structuring real estate debt investments across various property types in the United States. Prior to TPG, Mr. Nagelberg was an Associate in Deutsche Bank’s Real Estate Special Situations Group where he was involved in loan origination, acquisition, and asset management. Mr. Nagelberg started his career with Antares and then Warburg Pincus focusing on real estate investment, development, and underwriting.
Paul House
Managing PartnerAra Venn
United Kingdom
Managing Partner and co-founder of our Commercial Real Estate business. Before joining Venn in 2013, Paul spent over 20 years with Citigroup, heading Citi’s European Real Estate business. Paul has a wealth of experience in loan origination, transaction structuring, advisory and loan distribution. Paul benefits from an extensive list of key relationships with sponsors and market participants, and has led a number of landmark transactions including the largest hotel deal in Europe. Paul started his career with Citi in 1993 in Canada, before moving to Citi New York, and then to Citi in London in 2000. Paul is a member of the CFA Institute and holds an MBA from Schulich School of Business in Toronto, Canada.
Sam Mellor
Head Europe & Asia Pacific RE DebtBarings Real Estate Advisers
United Kingdom
Participation is restricted to Club Members and eMembers.
If you would prefer to contact us by email, please send to [email protected].
Submit your interest (Non-members)
Participation is restricted to Club Members and eMembers.
If you would prefer to contact us by email, please send to [email protected].
Our team will get in touch with you soon to confirm your participation
Thiago Alves
Managing Director - EMEAGlobal Talent
United Kingdom
Thiago is part of the GRI senior management team in Europe and is responsible for the day-to-day run of the GRI Europe department with key responsibilities to manage and build deep relationships with C-levels executives active in Europe.
Sponsorship opportunities
GRI eMeetings offers a unique opportunity for companies to raise their profile in front of the most senior executives of the Real Estate industry worldwide.
Contact our team and check the sponsorship and exposure opportunities according to the strategy of your company.
Contact our team and check the sponsorship and exposure opportunities according to the strategy of your company.
Sponsorship Opportunities
Successful registration
eClub Partner
Pan European Club Partner
https://www.drooms.com/
+49 69 478640 0
Frankfurt | Germany
Drooms is the leading provider of data rooms in Europe, connecting professionals and information in the worlds´ real capital markets. Our mission is to drive the transformation of manual processes into smart digital workstreams by connecting data and professionals across boundaries. We are expanding our tools and services around the globe through online, direct and indirect distribution channels with our passionate people, the main driver of our success.
REAL ESTATE
This eMeeting is exclusive
for Premium members
for Premium members
This event is exclusive for GRI members.