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While certain areas of the market continue to struggle, debt providers are increasingly drawn to the sector’s fundamentals, which offer an oasis of opportunity in the country.
The firm makes its third debt investment in the sector with a £75m financing for GreenSquare.
The firms aim to address a ‘shortage of debt capital’ in mainstream residential developments with their joint venture vehicle, which has an initial size of £165m.
The London-based debt provider lent £100m across four residential and student accommodation deals in June.
The seven-year debt facility, provided by the US lender alongside ABN Amro to Orange Capital Partners, has a LTV ratio of around 58%.
The UK-based lender has written a £59.8m loan to develop New Horizons Court in Brentford.
The German bank has provided €113.5m acquisition financing for a portfolio of assets in Hamburg.
The Swiss Life-owned firm’s second UK residential lending fund is pursuing a niche strategy of small, high-yielding loans in London’s suburbs amid a cooling high-end market in the capital.
The Dutch bank has provided a seven-year facility priced at 1.6% to the residential rental company.
The mixed-used scheme, which includes luxury apartments and office space and is backed by Israeli billionaire Teddy Sagi, has attracted £72m of debt finance.