Windermere XIV Noteholder Meeting - Hatfield Philips
Windermere XIV Noteholder Meeting - Hatfield Philips
Windermere XIV Noteholder Meeting - Hatfield Philips
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HATFIELD PHILIPS INTERNATIONAL<br />
HPI FRANCE & ITALY EXPERIENCE<br />
Overview<br />
→ HPI is currently servicing French loans with a total outstanding principal balance of €1.5 billion and approximately 200<br />
properties. HPI is Named Special Servicer for €1.1 billion of French loans<br />
→ HPI’s active Italian servicing portfolio includes a total outstanding balance of approximately €1.1 billion across several<br />
CMBS deal structures<br />
→ Our Asset Management team has 15 native French and 8 native Italian speakers with extensive experience in managing<br />
and working out loans in these jurisdictions<br />
Recent<br />
Track<br />
Record<br />
→ HPI has extensive expertise in the French and Italian market. Within the last 18 months we have been actively managing<br />
and resolving loans in both jurisdiction<br />
→ Examples include:<br />
• Successfully restructured the €140M French SQY Ouest loan in Titan 2006-3. The workout entailed a process of<br />
conciliation, then mandat ad hoc. The restructuring allowed HPI to maintain control over the collateral disposal<br />
• Instrumental in achieving a full pay-off on a €40M balance sheet loan. Asset was refinanced while in a mandat<br />
ad hoc process. HPI successfully retained the servicing mandate with the new lender<br />
• Currently involved with a number of other mandat ad hoc and insolvency proceedings, acting on behalf of<br />
different CMBS Lenders<br />
HPI │ OVERVIEW<br />
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