Your Expert in Non-Performing Junior Debt Tranches on German Real Estate Loans
Sursilva Immobilien GmbH specializes in acquiring non-performing junior debt tranches secured by real estate in Germany. Our expertise spans over 25 years in real estate investment and development, with extensive relationships with developers, investors, and banks, enabling us to conduct quick and efficient transactions.
Our focus lies on subordinated loans and distressed loans, which often involve a registered mortgage or security mortgage in the land register. We offer solutions for non-performing loans (NPL) and payment default situations to improve credit portfolio liquidity and minimize nuisance premiums.
Trust Sursilva Immobilien GmbH in handling distressed real estate projects and secure the best results in German real estate financing.
German Real Estate Market
Real estate values in Germany are suffering, due to rising interest rates, economic slowdown, and structural dislocation of certain asset classes, like retail. In many cases properties are now worth less than the outstanding debt.
In the case of real estate values falling below the total financing amount, junior debts have a low probability of repayment,
potentially leading to their classification as non-performing loans (NPLs) or distressed loans.
Companies struggling to meet their loan obligations often find themselves compelled to sell properties in forced auctions.
Restructuring and selling properties with debt are complex processes. The expertise of a real estate or insolvency lawyer is essential to find the best possible solutions.
Why sell your Junior Debt to Sursilva?
Our experienced team has a proven track record, having successfully completed more than 50 real estate transactions across various sectors, including office, retail, and logistics, with a total value exceeding €700 million.
Together with investors, we can develop business plans that are supported by senior lenders as a method for the long-term recovery of their capital.
We offer swift execution, typically within 20 business days after agreement on purchase price.
All legal and transaction costs will be covered, reassuring junior debt holders of a transparent process without any hidden costs.
With our extensive experience in dealing with subordinated loans and problematic properties, we offer tailored solutions.
We have the capital, patience and expertise to execute business plans, giving us credibility towards senior lenders.
Additionally, by taking over the security mortgage in the land register and providing liquidity for borrowers, we can help avoid payment defaults and manage mandatory mortgages.
Criteria
Loans should have the following characteristics in order to be acquired by Sursilva:
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Loans must have a registered land charge on a property in Germany
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The amount of the receivable should be between €100,000 and €1 million
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Loan should be non-performing (not paying interest) OR have breached at least one covenant breach (e.g., Loan to Value)
700
50
25+
M+ Investments
Property Transactions
Years’ Experience
Johannes Kalker
More than 25 years property experience in Germany, Switzerland, Central Europe and Benelux. He has completed over 50 transactions (investment, development, financing, sale) with a total transaction volume in excess of €700m.
Johannes was the Managing Director Germany of Patron Capital, a London-based real estate opportunity fund with over €2.0bn under management. Johannes had responsibility for all of Patron's activities in German-speaking countries in Europe and managed a team of 30 from Frankfurt and London.
Prior to Patron, Johannes worked for the closed end fund business at Bankgesellschaft Berlin and Blumenauer Immobilien in Frankfurt. Johannes holds a PG Dip in Estate Management from South Bank University London, Immobilienfachwirt (IHK).
Johannes is a German national, fluent in English and German.
Managing Director of Sursilva Immobilien GmbH
GRUB BRUGGER Partnerschaft von Rechtsanwälten mbB
Dr. Hans Schenk
Berliner Straße 44
60311 Frankfurt
Deutschland
Phone: +49 69 6637290
E-Mail: frankfurt@grub-brugger.de
Get started
Ready to partner with an experienced investment manager and recover capital? Contact us for an initial conversation:
Common Questions
How does the transaction process work?
Please contact the appointed law firm RAe Grub Brugger (see below) to discuss your junior debt and subordinated loan. Our insolvency law attorneys and real estate lawyers are at your service.
We will invite you to upload loan documents, and other supporting documentation (e.g., details of security) to our secure virtual dataroom. Expect an offer, for example, for your distressed loan (NPL), within 10 working days and transaction completion within 20 additional days. We will cover all diligence and transaction costs, with no hidden costs to you.
Whether it's distressed properties or a forced mortgage, we are your reliable partner. Learn more about our services to ensure your liquidity in credit transactions.
Sursilva Solutions
Transparent Process
No hidden costs during transactions
Industry Expertise
25+ years in German real estate
Quick Acquisition
Efficiently buy Junior debt tranches
Extensive Capital
Prepared to invest in the market
Customized Approach
Collaboration with the property owners in the implementation of the business plan
Strong relationships with investors and banks
Valuable Network
Sursilva Solutions
Industry Expertise
25+ years in German real estate
Quick Acquisition
We can execute transactions quickly
Extensive Capital
Prepared to invest in the market
Strong relationships with developers, investors and banks
Valuable Network
Customized Approach
Collaboration with the property owners in the implementation of the business plan
No hidden costs during transactions