US family office looks at bridge financing plays in Asia
The principal of New York-based Peninsula House sees opportunity in short-term financing to the challenged real estate sector in markets such as Hong Kong and mainland China.
Challenged property markets in Hong Kong, mainland China and other markets in Asia have left several institutions starved of liquidity, which is starting to throw up selective opportunities for short-term financing, according to a senior executive at a US-based single family office.
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