Does anyone have experience financing commercial property in Italy? Curious if the local lenders look for anything different in valuation models versus US banks.  My international RE experience is limited to South America, and it looks like I will need to build a forecast model from scratch to properly value the deal as the property and business are generational family-owned and the financials are not exactly GAAP compliant.   

Any heads up on the differences / priorities between preferred numbers, ratios, matrixes, acceptable EBITDA calculations would be appreciated.