Co-Invest and Loan Participation
The Real Estate Finance Group has extensive experience in co-investing and syndicating real estate debt. Over the past five years, Babson Capital has structured co-investments with more than 15 insurance companies and 10 commercial banks (both foreign and domestic). Why We Co-invest Babson Capital, on behalf of its largest client, Massachusetts Mutual Life Insurance Company (MassMutual), manages credit exposure to single assets, borrowers, property types, locations or a combination of the foregoing. Co-investing provides Babson Capital the opportunity to manage those exposures and remain continuously active in the marketplace. Servicing the Investment Babson Capital has a well-recognized loan administration function rated "Above Average" by both S&P and Fitch. A specialized team within the Loan Administration area, dedicated solely to servicing co-investment transactions, provides co-investors timely and accurate reporting. Additionally, the use of a well-accepted Participation and Servicing Agreement provides for expeditious and efficient closings. What Babson Capital Offers Co-investment Clients There are a number of reasons to consider a Babson Capital-sponsored co-investment. These include: - A national origination capability
- Regional market presence and underwriting expertise
- Access to larger and higher quality transactions
- Access to larger and better capitalized borrowers
- An efficient way to invest mortgage capital
- Ease of investment in originated, underwritten, negotiated, closed and serviced loans
- Ability to manage credit exposure
- Access to larger and better capitalized borrowers
- A long-term alignment of interests with MassMutual's financial strength
- MassMutual retains a significant interest in every co-investment
- Co-investment with an experienced Lead Lender and Servicer
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