LATEST BANKS & LENDING NEWS
Oaknorth completes £26.3m loan for specialist care home
Oaknorth has completed a £26.3m loan to real estate investment manager Frogmore.
Peterborough banks on regeneration
Council hopes development plans will revitalise city and attract investment.
Octopus Real Estate completed £15m care home forward funding
Octopus Real Estate has completed a forward funding deal for the construction of a 60-bedroom care home in Winchester.
Consortium of investors creates first sustainability reporting standard
A consortium of investors and lenders have joined forces to create the first sustainability reporting standard designed to encourage investment into social housing in the UK.
Target increases cash line to £220m
Care home group Target Healthcare has increased its total borrowing capacity by £40m to £220m following new agreements with two of its banks.
Construction requires most ‘special situations’ financing
Construction finance has seen the highest levels of demand for ‘special situations’ real estate finance, according to real estate investment and advisory firm Rivercrown.
Frontier Development Capital raises £75m for new debt fund
Alternative fund manager Frontier Development Capital (FDC) has closed its latest fund with £75m in commitments.
