Laxfield makes first loan for GIC-backed ‘programme’

Laxfield Capital’s GIC-backed lending programme has made its first loan since the strategy was launched nearly 18 months ago. The £90m facility for student housing provider Urbanest is for a term of five years. It reflects a 70% LTV across the two London assets it is secured by: Urbanest’s 221-bed Hoxton scheme near Old Street […]