{"id":864,"date":"2017-11-06T09:35:02","date_gmt":"2017-11-06T09:35:02","guid":{"rendered":"https:\/\/www.sareb.es\/sareb-sells-the-loan-secured-by-the-in-tempo-building-in-benidorm-alicante-to-the-fund-svp\/"},"modified":"2021-03-15T18:00:40","modified_gmt":"2021-03-15T17:00:40","slug":"sareb-sells-the-loan-secured-by-the-in-tempo-building-in-benidorm-alicante-to-the-fund-svp","status":"publish","type":"post","link":"https:\/\/www.sareb.es\/en\/sareb-sells-the-loan-secured-by-the-in-tempo-building-in-benidorm-alicante-to-the-fund-svp\/","title":{"rendered":"Sareb sells the loan secured by the In Tempo building in Benidorm, Alicante, to the fund SVP"},"content":{"rendered":"<p>Sareb today announced that it<strong>&nbsp;<\/strong>has sold to funds affiliated SVP Global, a leading global investment firm, the loan secured by the InTempo building located in Benidorm, Spain, on the Mediterranean Coast.&nbsp;<\/p>\n<p>In 2012, Sareb acquired the&nbsp;&euro;108 million&nbsp;loan that Caixa Galicia had granted to the developer Olga Urbana to construct the residential building.&nbsp; One of the first measures that Sareb adopted after acquiring the loan was to ensure the developer went into insolvency proceedings in order to improve management transparency.<\/p>\n<p>The sale of the loan&nbsp;to the new privilege creditor will help ensure the completion of the pending works, stalled since 2014, and eventual sale of the apartments.&nbsp;&nbsp;&nbsp;<\/p>\n<p>The buyer was advised by Evercore, G&oacute;mez-Acebo &amp; Pombo&nbsp;Abogados and Net&nbsp;de Gerrers.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sareb today announced that it&nbsp;has sold to funds affiliated SVP Global, a leading global investment firm, the loan secured by the InTempo building located in Benidorm, Spain, on the Mediterranean Coast.&nbsp; In 2012, Sareb acquired the&nbsp;&euro;108 million&nbsp;loan that Caixa Galicia had granted to the developer Olga Urbana to construct the residential building.&nbsp; One of the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[1747],"class_list":["post-864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","tag-loans"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/posts\/864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/comments?post=864"}],"version-history":[{"count":1,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/posts\/864\/revisions"}],"predecessor-version":[{"id":15744,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/posts\/864\/revisions\/15744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/media\/865"}],"wp:attachment":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/media?parent=864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/categories?post=864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/tags?post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}