Investment size
$5-$50M
LTV/LTC
Up to 80-90%
Average term
60 days-4 years
Geography
Pan-European
Strategy Description
In Europe, we focus on opportunities in asset acquisition, credit, and deep value within direct corporates, property, structured finance, special situations, and portfolios of various assets. In addition to direct originations, Arena actively co-invests, joint ventures and creates operational partnerships. Arena provides speed of execution, and its flexible capital allows for out-of-the-box creative structures to meet borrowers’ needs in the following investment areas:
- Corporate private credit
- Commercial & industrial assets
- Consumer assets
- Real estate
- Other related asset classes
Underwriting Ability
Rather than specifically underwriting against an absolute level of EBITDA, Arena seeks to understand the “story” or problem, revenue, assets (non-traditional) and overall enterprise value.
Sponsorship
Private equity sponsors, independent sponsors, directly with management and owners of assets (companies, hard assets/intangible assets and options), and other related counterparties
Investment Structures
Real Estate: Secured non-performing loans, mezzanine and bridge loans, commercial and residential hard asset investment, discounted pay-off (DPO) finance
Loan Portfolio: Portfolios of secured and unsecured receivables and loans; residential mortgages, credit cards, auto loans, subordinate pieces of warehouse facilities, mortgage shortfalls; specialty credit/finance companies, including “fintech”
Corporate Debt: Secured and unsecured loans (e.g. claims, liquidations); rescue financing/DPO finance; transition capital, including senior, bridge and/or mezzanine; venture debt
Lease- and Collateral-Backed Financing: Public market securities or privately negotiated transactions; aircraft, shipping, equipment leases, secondary purchases, litigation finance, invoice finance, fund finance, etc.
Structured Products: RMBS, CMBS, other asset-backed or asset-based securities
Fact Sheet
Contact
Transactions
Tourist Properties in Spain
Real Estate NPL/DPO
$5.3 Million
April 2024
Residential Project in Greece
Asset Purchase
$4.7 Million
October 2023
Office Building in Greece
Asset Purchase
$4.5 Million
October 2023
Tourist Property in Spain
1st Lien
$7.5 Million
October 2023
Residential Project in Pefki, Greece
Asset Acquisition
$4.7 Million
October 2023
Office Building in Kifissia, Greece
Asset Purchase
$4.5 Million
October 2023
Tourist Property in Costa Brava, Spain
1st Lien
$7.5 Million
October 2023
Tourist Property in Portugal
Asset Purchase
$7.1 Million
August 2023
Tourist Property in Algarve, Portugal
Asset Purchase
$7.1 Million
August 2023
German Insolvency DIP Loan
DIP Loan
$19 Million
May 2023
Spanish Hotel
Asset Purchase
$12.3 Million
April 2023
Greek Non-performing Leases and Leasing Platform
Acquisition
$9.9 Million
April 2023
Amounts shown are for Arena Investors’ commitment or the global facility commitment where Arena Investors was leading the transaction, including in cases in which a joint venture partner of Arena Investors was involved, unless such amount of Arena Investors’ participation was less than 90% of the total, in which case only the Arena Investors commitment is included. In certain cases, amounts shown are inclusive of follow-on commitments and/or combine related transactions. Amounts may be indications that are different than actual funded amounts. This information is intended to be illustrative and is not an offer or a solicitation to invest. No representation is made about the attractiveness or performance of the transactions. This document and its contents are the proprietary information of Arena Investors and may not be reproduced or disseminated, in whole or in part, without Arena’s prior written consent.
Fact Sheet & Contact