Real Estate · 05
Real Estate Finance
Structuring senior and mezzanine debt with leading French and European banks.
60%
Max LTV
Hypothèque / PPD
Security
Swaps & caps
Hedging
5 – 10 years
Tenor
Overview
About Real Estate Finance.
We structure acquisition and development financing with French and European banks, combining senior debt, mezzanine and equity to optimise the cost of capital.
Financing is secured by mortgages (hypothèque conventionnelle) or lender's privilege (privilège de prêteur de deniers) and hedged against interest-rate risk.
- Senior and mezzanine debt
- Refinancing and recapitalisation
- Interest-rate hedging
- Bank relationship management
Financial Overview
Activity and allocation.
Debt arranged (€m)
Real Estate allocation (%)
- Residential 42%
- Office 28%
- Mixed-use 15%
- Hospitality 10%
- Other 5%
Year-on-year growth (€m)
Indicative figures for illustration purposes. Past performance is not indicative of future results.
Legal & Regulatory Framework
Governed by clear rules.
Code civil & Code de la construction
Acquisitions are executed by notarial deed (acte authentique) and comply with French civil and construction law.
Loi Hoguet & AMF framework
Intermediation and collective investment activities are carried out within the applicable French regulatory perimeter.
Décret Tertiaire & EU Taxonomy
Energy-consumption reduction obligations for commercial buildings and alignment with EU sustainable finance rules.
AML / CFT — Code monétaire et financier
Full know-your-customer and anti-money-laundering checks on every counterparty, per articles L.561-1 et seq.
Risk Management
Risks identified and controlled.
| Risk | Mitigation |
|---|---|
| Market risk | Mitigated through prime locations and conservative entry valuations. |
| Leverage risk | Loan-to-value capped and hedged against interest-rate movements. |
| Tenant risk | Diversified tenant base and rigorous credit review. |
| Regulatory risk | Continuous monitoring of planning, tax and energy regulation. |
Legal Notice
This page is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any financial instrument or to enter into any transaction. Any engagement is subject to contractual documentation, satisfactory completion of KYC / AML procedures in accordance with articles L.561-1 et seq. of the French Code monétaire et financier, and the approval of the relevant banking institutions. Holding JMB SARL — RCS Paris 528 403 074.