David Jerrard, chief credit officer at new real estate finance firm, Précis Capital Partners, explains his take on retirement living just weeks after supplying an £80 mln (€92 mln) whole loan alongside Carlyle and Nomura for Tristan Capital Partners to develop a premium later living asset in Hampstead, London.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
