CBRE, the world’s leading international real estate consulting and services firm, has reinforced its Debt & Structured Finance division with the addition of Ana Mazón as Director. Her appointment comes at a time when the market demands high levels of sophistication and specialisation to deliver bespoke financing processes. Ana will report directly to Nacho Meylán, Senior Director of Debt & Structured Finance at CBRE Spain.

With more than 15 years of experience in financial advisory, debt structuring, restructurings, M&A, and due diligence, Ana Mazón joins CBRE from EY Spain, where she focused in recent years on launching and developing the Debt Advisory practice. She has advised on complex financing, restructuring, and M&A transactions both domestically and internationally.

Previously, she built her career at top-tier firms such as KPMG, Bridges Outcomes Partnerships (Bridges Fund Management), and Cerealto, providing her with extensive experience across various sectors and international markets.

Ana holds an MBA from the University of Cambridge (Judge Business School) and a degree in Business Administration from Deusto Business School. Her broad expertise in transaction structuring and investment valuation will strengthen CBRE’s role in the debt and financing market as a leading advisor for sophisticated financial solutions, bringing a comprehensive, technical, and client-oriented approach.

With this move, the firm reinforces its leading position in the market, where it has extensive experience participating in significant financing and refinancing transactions across all asset types.

Ana joins a team of eight professionals led by Nacho Meylán together with Ignacio Matiacci as Director of Debt & Structured Finance. This division is part of the company’s Capital Markets area and provides advisory services to all types of clients—from investors and developers to investment funds—supporting them in restructuring their debt and finding the best financing options through the design of tailor-made financing structures for each transaction.

“Ana’s appointment is a strategic step to strengthen our value proposition in the debt and structured finance space, at a time when sophisticated financial solutions are crucial for our clients. Her addition will be key, together with the rest of the team, to continue designing bespoke financing structures for every transaction. The current market shows strong real estate financing activity across Europe, with Spain positioned as a key hub for investment and financing,” said Nacho Meylán, Senior Director of Debt & Structured Finance at CBRE Spain.

CBRE Lender Intentions Survey 2025

Real estate financing activity across Europe is expected to increase in 2025, according to CBRE’s Lender Intentions Survey 2025. Despite ongoing geopolitical uncertainty, nearly 80% of respondents plan to step up their origination efforts this year, reflecting renewed confidence in the real estate market. Additionally, 40% of respondents reported improved confidence across all sectors compared to the previous year. The survey was conducted between 25 March and 25 April 2025—immediately before and after the US Liberation Day—and involved 143 respondents from across Europe. It shows that alternative lenders—including debt funds, insurers, and investment banks—expect stronger origination growth compared to traditional banks.

In terms of sector preferences, Multifamily remains the most attractive sector for lenders in 2025, with 48% of respondents favouring it, followed by industrial and hospitality. The survey also revealed that over 80% of lenders are interested in alternative assets, consistent with the 2024 sentiment. Residential sub-sectors—senior housing, coliving, and affordable housing—dominate the alternative asset market, occupying the top three spots, while self-storage has gained ground, ranking fourth. Healthcare and Life Sciences follow closely.

Senior loan margins have compressed by 25 to 50 basis points year-over-year, while LTV ratios remain stable at competitive levels of around 55-60% for most sectors. This combination reflects a more favourable financing environment for investors in 2025.

About CBRE

CBRE Group Inc., headquartered in Dallas and listed on the NYSE, is a Fortune 500 and S&P 500 company and the world’s leading real estate consulting and services firm (by 2023 revenue). It has over 130,000 professionals in more than 100 countries (excluding employees of Turner & Townsend). CBRE has been present in Spain since 1973, offering real estate services through nine offices (Madrid, Barcelona, Bilbao, Valencia, Alicante, Málaga, Seville, Zaragoza, and Palma de Mallorca). CBRE provides its clients with a wide range of services through various departments: A&T Industrial, A&T Offices, Property Management, Project Management, Corporate Finance, Cross Border, Debt Advisory, Investment Funds, Global Corporate Services, Hotels, Institutional Investments, Private Wealth, Residential, Retail, Land, and Valuations. For more information, visit www.cbre.com and www.cbre.es. CBRE is a founding member of ACI, the Association of Real Estate Consultants.

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