LATEST BANKS & LENDING NEWS
Octopus loan book passes £1bn
Octopus Property, the specialist lender, has revealed its loan book has passed the £1bn barrier.
Loans secured against BMI-run hospitals put on the market
Debt includes senior and junior loan participations and has a remaining term of around five and a half years
ASI raises £3bn in a year for real estate debt platform
Commercial lending platform has raised £3bn of third-party capital in past year
Lone Star hands shopping centre keys to lenders
US private equity firm Lone Star is handing the keys for the remaining properties in its Tiger shopping centre portfolio to lenders following a sharp fall in retail property values.
Impact Healthcare agrees new debt facility
Impact Healthcare REIT has agreed a new £25m credit facility with Clydesdale Bank.
Pluto agrees £35m loan for 216-unit Ashford scheme
Pluto Finance has agreed a £35m stretch senior residential loan to Elevate Property Group for a new 216-unit apartment scheme in Ashford, Kent.
Octopus agrees second loan with BH Group for Manchester hotel
Specialist lender Octopus Property has provided a subsidiary of the BH Group with a three-year, £8.1m loan to refinance the newly developed Hotel Indigo Manchester, located in the city centre.
