• Starwood grabs Spanish loans

Sankaty Advisors and Starwood Capital have bought a portfolio of Spanish property loans from BFA-Bankia. The EUR800m face value package includes loans secured against a significant number of hotels in Spain. 

The properties are mainly in holiday locations around Spain including the Canary Islands. Alongside the hotel loans, the deal included a mix of loans to Spanish companies with a variety of property collateral. 
Read the full story here:
http://www.prnewswire.com/news-releases/sankaty-advisors-llc-and-starwood-capital-group-acquire-800-million-spanish-loan-portfolio-439591706.html
 
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