- Provided due diligence and advisory services on 28 NPL deals across 20 jurisdictions, totaling more than $51.0 billion in 2014 -
- Appoints Wilhelm Hammel as Head of NPL Advisory -
LONDON, Nov. 20, 2014 /PRNewswire/ --Hatfield Philips International ("HPI" or "the Company"), together with LNR Europe, is a leading NPL and debt advisory firm with best-in-class loan servicing capabilities, today provided a business update on its operations for the third quarter of 2014 and announced it has appointed Wilhelm Hammel as Head of NPL Advisory. Mr. Hammel will continue to oversee the firm's operations in Frankfurt, Germany.
In the third quarter, HPI provided due diligence and advisory services on 10 NPL deals across nine jurisdictions totaling more than $18.3 billion. The Company also added more than $1.7 billion to its loan servicing book and continues to make progress in building out its new Debt Advisory and Transaction Management business.
"Advising on more than $51.0 billion in NPL deals in 2014 represents a significant milestone for the firm," said Blair Lewis, Chief Executive Officer of HPI. "Our efforts to grow and formalize this business line has enabled us to capture approximately 45 percent of the market share to date. Furthermore, we are now better positioned to expand into new markets, establish new relationships and generate new opportunities for our primary and special servicing franchise. With more than 15 years of real estate finance and management experience, I am confident Wilhelm has the skillset and experience necessary to grow this important platform."
As Head of NPL Advisory, Mr. Hammel will be responsible for serving the firm's existing clients and driving new NPL business opportunities. He will be supported by a highly skilled team of proven professionals and will report directly to Mr. Lewis. Since joining HPI in 2012, Mr. Hammel has played a key role in the firm's success and cultivated a vast network of relationships with European debt market participants. Prior to joining HPI, Mr. Hammel served in senior level roles at a number of reputable institutions including Elystan Capital, Lehman Brothers Real Estate Private Equity Fund, Eurohypo and KPMG, closing more than €3.0 billion in debt and equity transactions.
About Hatfield Philips International Ltd.
Hatfield Philips International ("HPI"), together with LNR Europe, is a leading NPL and debt advisory firm with best-in-class loan servicing capabilities. From NPL underwriting to co-investing to helping lenders execute on debt strategies, HPI is uniquely positioned to deliver multiple layers of value to a wide range of debt market participants. HPI accomplishes this by leveraging a highly seasoned team of real estate finance, workout, debt servicing, and client service specialists. Founded in 1997 on the principles of trust, integrity and providing the highest levels of customer service, HPI has the experience and capabilities to partner with clients to achieve their business and investment objectives. HPI is a subsidiary of LNR Property, a United States-based real estate investment, finance, management and development firm, which was acquired by Starwood Property Trust in April 2013. For more information please visit us at http://www.hatfieldphilips.com/.
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