Login

NAMA readies €225m Project Drive loan portfolio as Dankse Bank prepares Project Circle

NAMA and Danske Bank are both set to bring their latest Irish real estate portfolios for sale to market over the next two to three weeks, in a loan portfolio and direct asset portfolio respectively by the two deleveraging institutions.
By James Wallace
February 11, 2014 | 8:40 P.M.

NAMA’s Project Drive is a commercial property loan pool, with an gross unpaid loan balance of 225m, all extended to N1 Property Developments, ran by Irish property developer and auctioneer Brian O’Farrell, in its latest single borrower loan portfolio.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In