Friday, 13 February 2026
Silverton Group, an investment, asset and debt management specialist focused on commercial real estate, project developments and real estate-secured loans, expanded its restructuring and asset management operations in 2025.
During the year, the volume of project developments under management increased from approximately €1 billion to €1.5 billion by year-end.
In 2025, Silverton broadened its restructuring and project development mandates, including several new assignments from institutional investors and financial institutions with a combined financing volume of around €400 million. The company’s activities focused on restructuring existing loans, reviewing financed projects and continuing support for developments where viable economic potential was identified.
Silverton also took on multiple asset management mandates linked to insolvency proceedings. These included the repositioning of a former corporate headquarters and the stabilisation and sale of a residential portfolio comprising more than 500 units.
Another mandate covers the restructuring and disposal of the full property portfolio of an insolvent automotive supplier in southern Germany. The assets include production facilities, warehouses and development land with a site area of approximately 45,000 sqm and around 18,500 sqm of usable space.
“The 2025 financial year clearly demonstrated that conventional restructuring models are often no longer sufficient. What the market now demands are integrated solutions that combine financing, asset management and operational execution. This is precisely where we position ourselves – as a partner that not only analyses projects but also takes on structural responsibility and actively drives them forward,” said Stefan Dölker, Managing Partner at Silverton.
“The rise in mandates linked to insolvency scenarios, NPL transactions and project takeovers underlines the extent of the market’s structural transformation. Our approach, which ties restructuring to operational responsibility, creates transparency, enhances strategic options and leads to improved recovery outcomes for creditors,” added Jascha Hofferbert, Managing Partner at Silverton.
Silverton also expanded its presence in the market for real estate-secured non-performing loans (NPLs). In 2025, the company assumed management of NPL portfolios with a nominal loan volume of approximately €130 million, contributing to a rise in assets under management.
Alongside operational mandates, Silverton developed a nationwide acquisition strategy targeting mixed-use, commercial and industrial assets.
The company also acted as a consulting and sourcing partner for a foreign bank in the origination of senior and whole-loan financing transactions.
Silverton expects financing conditions to remain constrained in 2026, particularly for distressed project developments. The company anticipates increased demand for integrated restructuring solutions, including operational project takeovers and completions on behalf of creditors through Shareholding-as-a-Service structures.
Silverton also plans to continue expanding its debt strategy, citing sustained demand for alternative financing solutions amid reduced activity from traditional lenders. The firm intends to broaden its institutional lending mandates, including through separately managed accounts (SMAs) and debt funds.
In the NPL segment, Silverton is currently reviewing transactions totalling around €50 million and expects market activity to increase over the course of the year.
Photo: Stefan Dölker and Jascha Hofferbert – Copyright: Silverton Group
