Non-performing commercial real estate loans

Lohnbach handles the assignment and workout of non-performing portfolios of real estate loans (NPL) from a minimum aggregate volume of €100m, specializing in cases in which collateral is primarily office, hotel, healthcare or retail properties. Each year, transactions ranging from €300m to €500m are managed by us – from sourcing and underwriting through closing. After completion of the investment, we focus on the rapid and proactive workout of the loans and divestment of the real estate collateral with a view to winding up the portfolio within a period of 12 to 24 months.

To this end, Lohnbach devises individual strategies carefully matched to the circumstances of each borrower relationship. These workout strategies are, on the one hand, geared to the value creation potential inherent in properties (refurbishment, conversion, or leasing-up) and, on the other, to the needs of the borrower, who can be offered alternatives to loan repayment. A critical factor for our sustained performance is the combination of comprehensive real estate and loan workout experience. On this basis, potential sellers can work together with us to achieve attractive purchase prices for their portfolios.

Direct contact: Gerhard Knab