Home Specialist lenders
Specialist lenders
A French student housing provider has sourced financing including mezzanine debt, in what is thought to be the first example of junior debt being written in the country’s student accommodation sector.
Glenhawk, a London-based bridging finance provider, is the latest start-up to target the gap in the UK market for short-term property finance focused on developments.
UK-based development finance provider Maslow Capital has completed four financing deals totalling £74 million (€83.8 million), in a move to diversify its loan book.
Specialist UK debt provider LendInvest has reported 2017 lending volumes of £500 million (€563 million), up 33 percent on the previous year’s total.
Credit will provide a major access point into real estate for an increasing number of investors in the year ahead.
Market players should help tackle the UK’s housing shortage in 2018, writes Randeesh Sandhu, CEO of residential development finance specialist Urban Exposure.
Niche UK lender Octopus Property has provided a £31.3 million short-term loan to fund the purchase of a London office portfolio ahead of its conversion into apartments.
In backing niche debt provider LendInvest’s drive into the UK buy-to-let residential mortgage market, Citi has demonstrated the potential for an investment bank to access property lending via fintech.
Peer-to-peer real estate lender LendInvest has appointed Stephan Wilcke (pictured), the former executive chairman of OneSavings Bank, as senior adviser to its senior management team.