Home Alternative lenders
Alternative lenders
The loan will support the delivery of 2,389 student accommodation beds in the UK.
The manager has hired Sunny Lakhtaria as UK head of real estate debt.
The alternative lender will provide loans of up to 36 months for UK residential developers.
Toni McDermott, who has joined from Morgan Stanley, sees a growing need for flexible finance for real estate sponsors.
The manager's research shows the shift is largely due to a repricing having already occurred in equity markets.
The UK lender’s latest financing, in Liverpool, is its 24th in the region.
The facility will be used to develop senior living provider Birchgrove’s second project in London.
The UK manager launched Amsterdam-based Mica Real Estate to manage an expanding Dutch portfolio.
The Boston-based manager is aiming to raise €400m with which to target the European real estate debt market.
The French manager is planning to launch its fourth real estate debt vehicle, which it hopes will be its largest to date.