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Development finance
The London-headquartered manager has €2bn of dry powder for a range of deals in Europe.
The lender launched in September 2024 to target the UK residential market.
The manager has sourced financing from public sector funding partners for a residential scheme in Leeds.
The debut financing, secured against a London office development, supports the firm’s strategy to finance transitional assets.
London-based lender and estate agency Douglas & Gordon will provide facilities of up to £10m.
James Moss, incoming CFO of borrower Helical, says the city lacks quality workspace.
The manager’s loan to operator Placefirst demonstrates the opportunity lenders see in single-family rental.
Richard Craddock, who was appointed to lead the firm’s expansion into real estate credit, explains the rationale behind the strategy.
Cheyne’s Arron Taggart discusses using back leverage and factoring sustainability into the loan structure.
Alex Price and Steven Wright, co-founders of Ashen Capital, have invested in a debt fund alongside lender Sibner Group.