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Oaktree Seizes Control of Three Imfarr Properties Once Worth €2.3 Billion

Fund Manager Provided Junior Debt to Austrian Investor and Swiss Partner SN
Imfarr and SN failed to sell The Silberturm tower, left, in Frankfurt a year after having bought it. (Bert Erik ten Cate)
Imfarr and SN failed to sell The Silberturm tower, left, in Frankfurt a year after having bought it. (Bert Erik ten Cate)
By Bert Erik ten Cate, Richard Meier
CoStar News
August 16, 2023 | 7:57 AM

Oaktree Capital Management has seized control of three large German properties bought by Austria’s Imfarr and Switzerland’s SN Beteiligungen Holding, CoStar News can reveal.

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