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The lender launched in September 2024 to target the UK residential market.
The Helsinki-based manager has used the financing to restructure its residential portfolio.
The second loan the manager has provided to the developer under this initiative was funded by a new 16-year bond series.
Wells Fargo and Deutsche Bank were the chosen lenders while 30 debt providers proposed competitive terms.
The manager needs time to complete a plan to upgrade thousands of assets.
The manager has sourced financing from public sector funding partners for a residential scheme in Leeds.
London-based lender and estate agency Douglas & Gordon will provide facilities of up to £10m.
Roger Ramos, head of origination in Spain at the firm, says residential is Maslow’s most favoured asset class in the region.
The specialist lender’s CFO says the firm is expanding its capital base.
Investor appetite for living sector assets is growing, but lenders are finding it an increasingly competitive market.
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