The Real Estate Lending Black Hole: Why Do Banks Lose Money In Every Cycle?
Date & Time: | February 19, 2019 7:45 am | Add to Calendar (.ics) |
Venue: | Lazard & Co. Ltd, |
Rupert Clarke, Managing Partner, Lipton Rogers, and former CEO of Hermes Fund Managers considers the question: ‘Why do banks lose money in every cycle?’
Commercial Property lenders generally make good margins. However new research completed by Rupert Clarke, a member of the Property Industry Alliance debt group, reveals that excessive lending at the end of each cycle, has resulted in the lending market wiping out all the profits made in the rest of the cycle. This presentation will identify the key factors that have contributed to this pattern and explore ways the lending market could avoid making the same mistakes in future.
The event will be chaired by Noel Manns.
Registration and breakfast are from 7.45 am followed by the discussion at 8.15 am.