The bridging finance specialist, now owned by executive director Dan Smith (pictured) and Arthur Jennings, will continue to focus on medium-sized loans.
Glenhawk, a London-based bridging finance provider, is the latest start-up to target the gap in the UK market for short-term property finance focused on developments.
Amicus Property Finance, the short-term property lender, has announced its largest monthly lending volume since it launched in 2009, with £72 million (€79 million) written during July.
Brightstar Financial, a UK-based specialist lender, has launched a new division called Sirius Private Clients that will focus on financings for high net worth (HNW) residential and commercial real estate transactions.