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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.
The UK lender’s latest financing, in Liverpool, is its 24th in the region.
The facility, provided by JPMorgan and Cheyne Capital, will in part refinance the UK developer’s standing assets at Wembley Park.
Eugene Owusu has set up AMA Capital to help German developers access capital streams amid dwindling bank LTC ratios.
A short supply of purpose-built student accommodation in the country is driving appetite.
Amsterdam-based Elfi has sourced a €45m loan from the UK-based manager for the repositioning project.
Despite a risk-off environment, lenders are ‘having to get their heads around’ operational deals given the uptick in activity in the space.
Residential affordable housing
The fund will be Lenwood’s first dedicated residential credit vehicle, as it cites investor appetite for the asset class.
The specialist fund manager is aiming to raise capital from pension funds and insurance companies to finance smaller-scale UK residential projects.

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