Reuters – NAMA Sells Portfolio to Starwood Consortium


Ireland’s Nama is to sell Irish loan portfolio with par value of 800 million euros ($1.05 billion) to a consortium led by Starwood Capital Group, writes Reuters. The consortium, which also includes Key Capital Real Estate and Catalyst Capital, will buy 80 pct of the joint venture with NAMA.

Reuters – Ireland’s Nama

* Says sells Irish loan portfolio with par value of 800 mln eur to consortium led by Starwood Capital Group

* Consortium, which also includes Key Capital Real Estate and Catalyst Capital, will buy 80 pct of joint venture with NAMA with help of senior secured vendor finance loan