LATEST BANKS & LENDING NEWS
Willow Corp has secured a £68.5m loan to refinance the UK’s first Nobu Hotel in Shoreditch, London.
Private wealth firm LJ Partnership has made its second significant hire from Santander with the appointment of the bank’s former head of credit risk for real estate, Alan Aimers, as a director and head of credit.
Pacific Investment Management Co is set to acquire £5bn worth of mortgages from collapsed lenders including Bradford & Bingley
A consortium led by Cain International has secured a £390m development loan for The Stage, its £750m mixed-use project in Shoreditch.
DekaBank is set to grow its UK commercial property lending business as it converts its representative London office into its first branch in the city.
Specialist lender ABC has completed its largest loan to date with a £15m facility to fund Millngate’s development of Brockhurst Gate Retail Park in Hampshire.
Comer Homes has secured a £45m loan from Investec Structured Property Finance for the development of the Royal Winchester House, in Bracknell, Berkshire.