There are more loans going sideways at Keyview Financial, the Sydney-based private credit player which until recently was chaired by funds management veteran Chris Cuffe and has been courting buyers for the better part of the year.
Keyview’s Flagship Fund has marked down its loan to the $1.8 billion Halo tower , a contentious 55-storey development proposed for the corner of the Pitt and Hunter streets in Sydney’s CBD, according to a confidential update sent to investors late last month.
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