Login

Cerberus wins Netherlands-dominant Project Lucas NPL from Van Lanschot

Van Lanschot, the almost 300-year old independent bank in the Netherlands, has sold its first-ever non-performing commercial real estate loan portfolio to Cerberus Capital Management.
By James Wallace
August 6, 2015 | 4:15 P.M.

Project Lucas, almost entirely comprised of commercial properties in the Netherlands, had an original principal balance of 400m, although the purchase price reflects a substantial discount to nominal balance.

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