London Real Estate Debt Scene: Who are the players?

Merchant_of_Debt's picture
Rank: King Kong | 1,308

Hey guys,

So I moved to England a month ago to do a Master's in Real Estate (finance) and I spent my summer working with real estate debt fund manager in the US.

I have been exploring working in the debt space in Europe and starting networking super hard here. Pretty easy to research and find the debt funds here but I am also interested in networking with the debt/equity brokers.

Now obviously, there's all the big boys like (CBRE/JLL/Savills), HFF and Eastdil here in town but I'm wondering if anyone knows of smaller boutiques in London-I haven't had much luck finding any except Chalkhill Partners and JCRA.

To all the UK based real estate monkeys...what other shops are out there?

Comments (12)

Oct 29, 2017

A lot of real estate debt comes from banks, for example the UK high street banks such as Lloyds, HSBC, Barclays. A lot of German banks have branches in London who are also active in this space.

Oct 29, 2017

Thanks for the input. I know there's no shortage of direct lenders-namely banks. However, I'm interested in understanding who is arranging real estate financing and acting in an advisory capacity (brokering deals). I'm not interested in working for a bank.

Oct 29, 2017

Time to reach out to local loan brokers.

Oct 29, 2017

Ackman Ziff?

Oct 29, 2017

They're only doing deals in the US right now

Best Response
Oct 30, 2017

Did some research and dipped my toe in the market by interviewing with a couple of RE funds in London, so I might be able to help, although I'm not in that market.

I'll edit the post to upload a list of real estate funds, both debt and equity, when I get back home.

As people already said, most banks do RE debt (commercial lenders), and they also have RE dedicated teams on the IBD side.

Tons of debt funds in the RE market too.

From the independent advisers, I would only consider some once you have exhausted all other options. Lastly, if you ever come across Anacott Capital, avoid like hell, one of the worst experiences I've had was talking to those guys.

Edit: Excel link:

    • 2
Oct 31, 2017

Awesome! Thank you Jack!!!!!!

Nov 7, 2017

A recruiter recently contacted me about a real estate debt role at Anacott in London: why precisely are you recommending to avoid?

Nov 10, 2017

In short, I met them and they gave off the impression that they don't care at all about their employees. They were very arrogant, and looking to pay the absolute minimum and squeeze the life out of you. When asked why they are paying significantly lower than any other firm, they responded "Cause you'll learn a lot". During my interview, the owner walked in to say something to my interviewer and he didn't even acknowledge me, not even say "Hi, how are you?".

Very bad impression, too many red flags, and very bad rep by talking to some people in the industry.

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Nov 7, 2017

Thanks a lot!

By the way, have you in then end joined a real estate fund?

Nov 10, 2017