Services of König Pyne & Cie. LP

The graph on the left shows an aggregate number of direct loans (or whole loans) versus the CMBS pools that will need refinancing beginning in 2009-2016.

There will be an abundance of
refinancing that will take place in a period of decreasing rents, high inflation, limited or tight liquidity, more stringent underwriting standards and higher cap rates.

The bottom line is: Equity will be needed to deleverage these assets along with new sources of traditional longterm mortgage financing.

With our expertise in the US real estate market, European real estate investor’s network and comprehensive legal advisory knowledge, we offer an extensive service package for these unprecedented market conditions.