LATEST BANKS & LENDING NEWS
Quintain secures £150.9m loan from Goldman
Quintain has secured a £150.9m financing package from Goldman Sachs to deliver 396 new rental homes across three new buildings at Wembley Park.
ICG-Longbow provides over £100m for St John’s Wood scheme
ICG-Longbow has provided over £100m of senior debt to Regal London to help fund a residential-led mixed use development in St John’s Wood, London.
Oxane Partners enters loan servicing market
Proptech firm Oxane Partners has expanded into the load servicing market, securing MOR CS3 ranking from DBRS Morningstar as a commercial mortgage servicer.
TOG agrees £120m debt deal on Midtown office with Allianz
Allianz Real Estate has agreed a £120m of debt financing with The Office Group (TOG) for the acquisition and refurbishment of Chancery House in London.
ICG-Longbow completes £500m first close for senior debt fund
ICG-Longbow has completed a first close of its latest senior debt vehicle with £500m of commitments.
Regulators consider short-term withdrawal penalties to protect property funds
Investors may be hit with cash penalties if they want to withdraw cash from open-ended property funds at short notice, according to new proposals from the UK’s banking regulators.
UK arm of real estate lender Tyndaris sold
Tyrus Capital, the alternative investment manager led by Tony Chedraoui, is expanding into real estate with the acquisition of the UK-based business of Tyndaris.
