commercial real estate finance - Münchener Hypothekenbank eG
commercial real estate finance - Münchener Hypothekenbank eG
commercial real estate finance - Münchener Hypothekenbank eG
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CommerCial<br />
<strong>real</strong> <strong>estate</strong> FinanCe >><br />
<strong>Münchener</strong><br />
<strong>Hypothekenbank</strong> <strong>eG</strong>
mÜnCHener HYPotHeKenBanK<br />
<strong>Münchener</strong> <strong>Hypothekenbank</strong> – founded in 1896 – is one of the most competitive providers of custom<br />
<strong>commercial</strong> <strong>real</strong> <strong>estate</strong> <strong>finance</strong> for professional institutional and private <strong>real</strong> <strong>estate</strong> investors.<br />
Although <strong>Münchener</strong> <strong>Hypothekenbank</strong> is an independent financial institution we work within the<br />
Cooperative Financial Network (Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken).<br />
Our strong competitiveness comes from our long experience in <strong>real</strong> <strong>estate</strong> lending, our very favourable<br />
funding situation and our sound capital market presence with international bond issuances in<br />
all major currencies. <strong>Münchener</strong> <strong>Hypothekenbank</strong> enjoys strong ratings. Our Mortgage Pfandbriefe<br />
and Public Pfandbriefe are rated AAA. Unsecured liabilities are rated A2 by Moody’s.<br />
oUr FoCUs in CommerCial <strong>real</strong> <strong>estate</strong> FinanCe<br />
<strong>Münchener</strong> <strong>Hypothekenbank</strong> offers attractive financing terms, a high level of product flexibility,<br />
and proven expertise for customised and/or complex financing solutions. Our decision making<br />
process is quick and reliable.<br />
Clients include professional <strong>real</strong> <strong>estate</strong> customers, e.g. open- or closed-ended funds, REITs, residential<br />
<strong>real</strong> <strong>estate</strong> companies, listed <strong>real</strong> <strong>estate</strong> corporations and private investors.<br />
Our focus is on <strong>commercial</strong> properties such as office buildings, retail properties or shopping centres,<br />
residential properties (multifamily), hotels and logistics facilities.
ContaCt<br />
Our Direct Clients Group is responsible for our professional institutional and private <strong>real</strong> <strong>estate</strong><br />
customers in Germany and other West European countries.<br />
Our Financial Institutions Group is responsible for syndications and club deals. Both suit our and<br />
your customers with a need for large volume transactions if the required loan amount is too big<br />
for one lender alone.<br />
Bernhard Heinlein<br />
Member of the Board<br />
of Management<br />
Dieter Reinert<br />
Direct Clients, Office Munich<br />
Tel.: +49 (0) 89 / 53 87 - 620<br />
dieter.reinert@muenchenerhyp.de<br />
Our Deal Management / Underwriting Team is responsible for negotiating and finalising the<br />
loan structure as well as for preparing the loan approval.<br />
Guido Grimm<br />
Tel.: +49 (0) 89 / 53 87 - 717<br />
Fax: +49 (0) 89 / 53 87 - 77 717<br />
guido.grimm@muenchenerhyp.de<br />
Dr. Jan Peter Annecke, Head of<br />
Commercial Real Estate Finance<br />
Tel.: +49 (0) 89 / 53 87 - 116<br />
jan.peter.annecke@muenchenerhyp.de<br />
Holger Reitenbach<br />
Direct Clients, Office Hamburg<br />
Tel.: +49 (0) 4532 / 2 65 29 82<br />
holger.reitenbach@muenchenerhyp.de<br />
Diana Lott<br />
Tel.: +49 (0) 89 / 53 87 - 619<br />
Fax: +49 (0) 89 / 53 87 - 77 619<br />
diana.lott@muenchenerhyp.de<br />
Jan Polland, Head of Commercial<br />
Real Estate Finance – Direct Clients<br />
Tel.: +49 (0) 89 / 53 87 - 628<br />
jan.polland@muenchenerhyp.de<br />
Andreas Schlosser<br />
Direct Clients, Office Berlin<br />
Tel.: +49 (0) 30 / 32 90 07 - 12<br />
andreas.schlosser@muenchenerhyp.de<br />
Gaëlle Pivin<br />
Tel.: +49 (0) 89 / 53 87 - 373<br />
Fax: +49 (0) 89 / 53 87 - 77 373<br />
gaelle.pivin@muenchenerhyp.de<br />
Renata Kornek, Syndications<br />
and Club Deals<br />
Tel.: +49 (0) 89 / 53 87 - 631<br />
renata.kornek@muenchenerhyp.de<br />
Christian Winges<br />
Direct Clients, Office Frankfurt<br />
Tel.: +49 (0) 69 / 74 34 65 - 13<br />
christian.winges@muenchenerhyp.de<br />
Rembert Schult<br />
Tel.: +49 (0) 89 / 53 87 - 635<br />
Fax: +49 (0) 89 / 53 87 - 77 635<br />
rembert.schult@muenchenerhyp.de
marKets<br />
<strong>Münchener</strong> <strong>Hypothekenbank</strong>’s target markets are located in Western Europe. Our relationship<br />
managers have their offices at our head quarters in Munich as well as in major cities in Germany<br />
and other European countries.<br />
Madrid<br />
SPAIN<br />
UNITED KINGDOM<br />
London<br />
Paris<br />
FRANCE<br />
Amsterdam<br />
BENELUX<br />
Brussels<br />
Luxemburg<br />
Hamburg<br />
Berlin<br />
GERMANY<br />
Frankfurt<br />
SWITZERLAND<br />
Munich<br />
Vienna<br />
AUSTRIA
oUr strenGtH at YoUr DisPosal<br />
<strong>Münchener</strong> <strong>Hypothekenbank</strong>’s lending activities combine state-of-the-art financing techniques<br />
with a conservative lending approach. We offer tailor-made financing solutions based on the<br />
following lending criteria:<br />
>> Completed properties with stabilised cash flow (no construction, no development) in a good<br />
state of maintenance.<br />
>> Sustainable property income in good locations with positive economic outlook, good future<br />
letting prospects, and suitability for third party use.<br />
>> Preferably multi-let with low lease roll-over during the term of the loan and appropriate<br />
longer-termed lease agreements with creditworthy tenants.<br />
>> First-ranking financing of up to € 50 million on a single property. Higher loan amounts<br />
are available by way of club deals with partner banks or by syndication of parts of the loan<br />
upon full underwriting. For portfolio deals we have the discretionary capacity for loans of<br />
more than € 50 million without additional financing partners.<br />
>> Comfortable Debt Service Coverage (ISCR/DSCR) based on current and sustainable rental levels<br />
and appropriate operating expenses.<br />
>> Loan to value (LTV) of up to 75 percent. Higher LTVs are possible depending on the corresponding<br />
mortgage lending value (MLV) of the property.<br />
>> Plausible exit scenario based on conservative assumptions.
ContaCt<br />
Head Quarter / Office MunicH<br />
<strong>Münchener</strong> <strong>Hypothekenbank</strong> <strong>eG</strong><br />
Karl-Scharnagl-Ring 10, D-80539 Munich<br />
PO box 22 13 51, D-80503 Munich<br />
serviceteam800@muenchenerhyp.de<br />
www.muenchenerhyp.de<br />
OFFICE BERLIn<br />
Andreas Schlosser<br />
Rankestrasse 26, D-10789 Berlin<br />
Tel.: +49 (0) 30 / 32 90 07 - 12<br />
Fax: +49 (0) 89 / 53 87 - 77 624<br />
andreas.schlosser@muenchenerhyp.de<br />
OFFICE FRAnKFuRT<br />
Christian Winges<br />
Mainluststrasse 12, D-60329 Frankfurt/Main<br />
Tel.: +49 (0) 69 / 74 34 65 - 13<br />
Fax: +49 (0) 89 / 53 87 - 77 666<br />
christian.winges@muenchenerhyp.de<br />
OFFICE HAmBuRG<br />
Holger Reitenbach<br />
Beim Alten Gaswerk 1, D-22761 Hamburg<br />
Tel.: +49 (0) 4532 / 2 65 29 82<br />
Fax: +49 (0) 89 / 53 87 - 77 633<br />
holger.reitenbach@muenchenerhyp.de<br />
<strong>Münchener</strong><br />
<strong>Hypothekenbank</strong> <strong>eG</strong><br />
cOOperatiOn partners<br />
LOnDOn<br />
Emma Huepfl, Adam Slater<br />
Laxfield Capital Ltd.<br />
63 Curzon Street, GB-London W1J 8PD<br />
Tel.: +44 (0) 20 / 75 18 16 14, 16 15<br />
Fax: +44 (0) 20 / 74 91 71 82<br />
emma.huepfl@laxfieldcapital.com<br />
adam.slater@laxfieldcapital.com<br />
PARIS<br />
Pascal Roth<br />
ARP CONSEIL Sàrl<br />
37 Grand Rue, F-67500 Haguenau<br />
Tel.: +33 (0) 38 / 8 06 16 90<br />
Fax: +33 (0) 38 / 8 06 16 91<br />
info@arpconseil.fr<br />
1 Rue François 1er, F-75008 Paris<br />
Tel.: +33 (0) 1 / 45 62 62 52<br />
Fax: +33 (0) 1 / 45 62 62 51<br />
info@arpconseil.fr<br />
mADRID<br />
Peter von Puttkamer<br />
REALCIS, S.L.<br />
Ribera del Loira, 28, E-28042 Madrid<br />
Tel.: +34 (0) 91 / 7 21 05 53<br />
Fax: +34 (0) 91 / 7 21 14 07<br />
info@<strong>real</strong>cis.com<br />
VIEnnA<br />
Dr. Georg Formanek<br />
Dr. Georg Formanek GmbH<br />
An der Wasserleitung 16, A-2721 Bad Fischau-Brunn<br />
Tel.: +43 (0) 664 / 5 10 66 00<br />
office@formanek-gmbh.at<br />
nEW YORK<br />
Richard T. Carr<br />
Carr Realty Advisors, LLC<br />
65 West 55th Street, Suite 8B<br />
New York, NY 10019, USA<br />
Tel.: +1 (0) 212 / 2 62 02 59<br />
Fax: +1 (0) 212 / 2 62 03 75<br />
rtcarr@carradvisors.com<br />
07/2012