The financial advisor Herter & Co. will expand its range of services to include real estate debt advise.
In view of the current various challenges in the real estate market, such as rising interest rates, construction cost uncertainty, price corrections and more restrictive lending practices, Herter & Co. will act as advisor to real estate project developers and investors on individual and complex financing solutions. The scope of services includes the structuring of acquisition and project financings as well as the entire coordination of the financing process and the restructuring of existing debt.
Till Wenke will be responsible for setting up the new division as Head of Real Estate. The 42-year-old has 15 years of experience in structured real estate finance. He held previous positions at mortgage lending banks in the origination and debt capital markets and he was also responsible for the restructuring of complex real estate financings. Wenke joins from Corestate Bank, where he spent several years responsible for structuring, arranging and placing customized financing solutions for project developers and investors.
About Herter & Co.
Herter & Co. is an independent advisory boutique specialized in debt related transactions. We advise our clients on the structuring and raising of debt as well as in financial restructuring situations and offer the full services of an investment bank.
Our clients can expect best-in-class results, because we draw on decades of experience in large national and cross-border transactions as well as strong relationships with all relevant industry players supporting the successful execution of chosen strategies.
Our clients include public and private corporates and family-owned businesses as well as financial investors and banks. Most recently, Herter & Co. acted as financial advisor on the successful corporate refinancing transactions of Trimet, KAP and Tristone, acted as advisor of Nord Holding on the acquisition of Heizkurier and advised financial sponsors ADAGIA on their Leveraged Buyout of Schwind and Goldman Sachs on their Leveraged Buyout of Oikos.