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LATEST BANKS & LENDING NEWS
Close Brothers’ property CEO to retire
Frank Pennal is set to retire as chief executive of Close Brothers’ Property business after almost two decades at the helm.
Adlington Retirement Living secures £75m funding to spur growth
Adlington Retirement Living has secured a £75m development facility from NatWest and Homes England that will be used to accelerate the growth of the group’s investment pipeline across England, Property Week can reveal.
Valor completes £101m loan on London urban logistics assets
Valor Real Estate Partners has secured a five-year £101m loan from Canada Life Asset Management.
The business of banking: why choosing the right bank can make all the difference to your property business
According to the Competition and Markets Authority, 85% of SMEs bank with either Barclays, Lloyds, HSBC, NatWest and Santander.
St Modwen secures £525m lending deal
RBC Capital Markets has agreed a £525m five-year loan to help fund St Modwen’s development pipeline.
LendInvest completes £410m securitisation of UK BTL loans
Lending group LendInvest has completed the group’s fifth and largest securitisation of £410m of its buy-to-let (BTL) mortgage loans in an oversubscribed residential mortgage backed security (RMBS).
Downing to offer sustainability-linked lending to property developers
Downing has launched a sustainability-linked lending programme for property developers.
