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  • March 2016 (Revised October 2018)
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Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio

By: Nori Gerardo Lietz and Ricardo Andrade
  • Format:Print
  • | Language:English
  • | Pages:16
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Abstract

James Tallest analyzed the opportunity to invest in a distressed portfolio of high quality properties in Germany by acquiring one or more non-performing loans from Deutschland Bank. While he considers the many aspects of the deal that is about to unfold, he must decide which securities to acquire, the price he should offer to each of them, and whether to retain the former owner of the portfolio as property manager.

Keywords

Real Estate; Distress Investing; Non-performing Loan; Borrowing and Debt; Capital Structure; Private Equity; Negotiation Deal; Valuation; Real Estate Industry; Financial Services Industry; Germany; Europe

Citation

Lietz, Nori Gerardo, and Ricardo Andrade. "Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio." Harvard Business School Case 216-055, March 2016. (Revised October 2018.)
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About The Author

Nori Gerardo Lietz

Finance
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Related Work

    • April 2016 (Revised January 2018)
    • Faculty Research

    Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio

    By: Nori Gerardo Lietz and Ricardo Andrade
    • May 2016 (Revised August 2019)
    • Faculty Research

    Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio

    By: Nori Gerardo Lietz and Ricardo Andrade
    • March 2016 (Revised October 2018)
    • Faculty Research

    Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio

    By: Nori Gerardo Lietz and Ricardo Andrade
    • August 2019
    • Faculty Research

    Roadmap to Solving the Project Deutschland Case

    By: Nori Gerardo Lietz
Related Work
  • Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio By: Nori Gerardo Lietz and Ricardo Andrade
  • Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio By: Nori Gerardo Lietz and Ricardo Andrade
  • Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio By: Nori Gerardo Lietz and Ricardo Andrade
  • Roadmap to Solving the Project Deutschland Case By: Nori Gerardo Lietz
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