All Banks & lending articles – Page 8
-
News
Lender Puma secures £300m funding line from Waterfall
UK development lender secures US institutional funding line allowing it to raise maximum loan size to £50my.
-
News
ASK lends £21.65m to BYM Capital for Barnet shopping centre acquisition
ASK Partners has provided a £21.65 senior loan facility to BYM Capital to fund its acquisition of The Spires shopping centre in Barnet, Property Week can reveal.
-
Online
Sirius joins forces with Miragon on £26m loan for mansion scheme in Essex
Sirius Property Finance has partnered with Miragon Investments to secure the completion of a development loan to finance the conversion of a listed mansion with a gross development value of £26m.
-
News
Industry undeterred by Bank of England’s interest rate rise
Despite a rise from 0.1% to 0.25%, rates remain ‘incredibly low’ – but further increases could be cause for concern.
-
News
UK bank branch numbers at half of 2015 due to closures
Banks and building societies have closed or scheduled the closure of 4,735 branches since January 2015, analysis from Which? has found.
-
Online
Kennedy Wilson global debt platform passes $2bn milestone
Kennedy Wilson’s global debt investment platform now exceeds $2bn (£1.5bn) in real-estate secured loans, including $300m (£226m) in future funding commitments.
-
Online
Oaknorth agrees loan on Old Bailey hotel scheme
Oaknorth has agreed a £34.3m loan to a property business founded by entrepreneur Alex Shamash and joint venture partner Boscalt Hospitality, an Edmond de Rothschild Private Equity partnerships fund.
-
News
Fortwell lends Argo Real Estate and The Townsend Group £28.1m for Baltic Exchange redevelopment
Fortwell Capital has provided Argo Real Estate and The Townsend Group with a £28.1m loan to fund the redevelopment of London’s Baltic Exchange building.
-
Online
Former Belgravia Group execs set up new firm
Three former members of London Belgravia Group have launched insurance and property finance firm J3 Advisory.
-
Online
LEXI structures finance deal for Essex and Devon resi developments
LEXI Finance has structured three debt and equity deals, with a combined gross development value of £30m to support the construction of 43 homes across three separate developments in Essex and Devon.
-
Online
Silbury agrees £39m loan for Elysian Kent scheme
Silbury Finance, the development lender backed by Oaktree Capital Management, has agreed a £39.2m loan to the UK Retirement Living Fund (ReLF) to fund the development of a retirement village in Royal Tunbridge Wells, Kent.
-
News
Fortwell funds Evermore’s Chorley care home
Fortwell Capital has provided a £10.1m loan to Evermore Care to fund the development of Astley View, a 90-bed care home in Chorley, Lancashire, Property Week can reveal.
-
Online
ASK agrees loan to Urbana Partners client
ASK Partners has provided a £10.5m senior loan on a 30-month term, secured against a 1.65-acre site which includes a three-storey, 70,000 sq ft office building in central Solihull, currently let to the National Grid.
-
News
Green Finance Roadmap not feasible, top investors warn
Leading real estate investors argue that SMEs will find it difficult to comply with the government guidance.
-
Online
OakNorth Bank funds £20.2m Yorkshire care village
OakNorth Bank has provided a £20.2m loan to Park Lane Healthcare for a new care village in Pocklington, Yorkshire.
-
Online
HUB and Bridges agrees £100m forward funding deal for Realstar BTR scheme in Leeds
HUB and Bridges Fund Management have agreed a forward funding deal with Canadian real estate investment group Realstar to deliver one of its UNCLE branded residential schemes in Leeds.
-
News
UK banks refuse to finance retail
UK banks are refusing to lend on portfolios that are too heavily weighted towards retail, finance experts have warned.
-
News
Fortwell loans £52.1m to fund delivery of retirement village
Finance will enable JV between Audley Group and Schroders Capital fund to deliver Scarcroft Park in Leeds.
-
Online
M7 funds Alltmore’s business centre refinancing and expansion in Scotland
M7 Capital (M7C) has agreed a £17.3m loan to Alltmore Properties to support the refinancing of a portfolio of seven out of town business space assets in Scotland.
-
News
Maslow Capital supports resi development with £26.7m loan
Maslow Capital has completed a £26.7m development loan to support Meadow Partners’ residential scheme in Willesden Green, North London.