NAV financing: volumes increase but total value falls
Rede Partners’ 2023 Lender Survey has found that the majority of lenders surveyed, 83%, reported an increase in the number of NAV transaction opportunities in 2022, marking a 5% rise from 2021. The data suggests that the average lender received 21 NAV financing deals in 2022, a 31% increase over the estimated 16 seen in 2021.
However, the overall value of NAV lending deals completed in 2022 was $21bn, representing a fall of approximately 12.5%
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