Counting on credit

April 1, 2007
The recipe for successful development funding seems to be all about sustaining relationships, developing long term partnerships plus a big dollop of reciprocal trust between lender and borrower. Indeed, such is the importance of establishing an ongoing rapport that Richard Payne, director of Kaupthing Singer & Friedlander’s (KSF) property division, has no hesitation in saying: “We don’t envisage ever lending …

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