Investment term loan backs £32m South London retail portfolio
Real estate finance specialist SHC Capital has arranged an investment term loan from Cynergy Bank for a property investment group, secured against a multi-asset high street retail portfolio in South…
New Homes Cost Less Than Existing Homes in One-Third of U.S. Markets
Email Sign Up For Our Free Weekly Newsletter Newly built homes are selling for less per square foot than existing properties across much of the U.S., a reversal that is…
Glenhawk completes £1.9m regulated bridging loan on Watford barn
Specialist lender Glenhawk has completed a £1.9m regulated bridging loan, giving a borrower more time to market and sell a converted barn in Watford. The facility was secured against the…
Developer exit finance of £822,000 completes in South East London
Inspired Lending has completed an £822,000 developer exit finance loan for an SPV borrower in Sydenham, South East London. The facility refinanced existing borrowing and released funds for other property…
Bridging loan at 44% LTV funds £3m shopping centre deal
Specialist lender StreamBank has completed a £1.5 million bridging loan for an experienced property investor buying a £3 million regional shopping centre in Peterlee, County Durham. The 12-month bridging loan…
U.S. New-Home Sales Uptick in August, Affordability Remains a Drag
Email Sign Up For Our Free Weekly Newsletter Sales of new U.S. homes rebounded in August, helped by a stronger showing from builders, but the increase did little to change…
Shawbrook’s largest facility yet funds £60.5m portfolio refinancing
Shawbrook has completed a £60.5m portfolio refinancing for UK real estate investor and asset manager Grace Real Estate Partners, a five-year interest-only senior facility secured against its 832-unit Northern Portfolio.…
£3.9m development finance closes on Shropshire housing scheme
Pallas Capital has completed a £3.9m development finance loan for a residential scheme near Market Drayton, Shropshire, refinancing the completed first phase and funding construction of the second. The 16-month…
Mallorca and Italy prime continue to shine
Latest Knight Frank reports highlight growing demand Mallorca’s prime residential market continues to outperform many of its European peers, while in Italy prime transaction volumes have more than doubled as…
BTR delivers 61% of new homes in regeneration areas
Neighbourhoods act as ‘anchor tenants’ says new report New research from NRLA Living and Bidwells suggests that the Build to Rent (BTR) sector has delivered an average of 61% of…