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Archive for the ‘Uncategorised’ Category

ASK lends £22.5m to HIG Realty Partners

Real estate funding specialist, ASK Partners (ASK), has provided a £22.5m senior loan facility to H.I.G. Realty Partners for the expansion of H.I.G’s Life Sciences portfolio. The loan purpose is to fund the acquisition of a 0.5-acre site in Whitechapel. H.I.G. Realty Partners’ & Lateral’s longer-term plan is to develop the site into a high-quality, […]

Reacting to a rebound of confidence

 

David Church joins board of BBS Capital

What? David Church has been appointed to the board of BBS Capital Why? He will serve as a non-executive director of the firm What next? He will be working closely with senior executives Joanne Barnett and Adam Buchler   Independent debt advisory firm BBS Capital has appointed David Church to join its board as a […]

Tristan’s TIPS One Debt Fund Delivers £22.3m of Financing to Melburg Capital for Industrial Acquisitions

Tristan Capital Partners’ TIPS One “Income Plus” Real Estate Debt Fund has provided £22.3 million of senior real estate debt financing to Melburg Capital under a five-year loan, to support the acquisition and light refurbishment of two distribution and manufacturing assets in Wakefield, West Yorkshire. The portfolio comprises Sirdar Business Park, a 23-unit multi-let site […]

Zorin Finance funds its largest loan to date

Zorin Finance has completed its largest deal since its launch in 2011, a £42m loan to Eagle Street Partner, a pan-European real estate investment and asset manager advised by BBS Capital. The client will use the 48-month term facility for the acquisition of four regional offices in Maidenhead, Newcastle, Uxbridge and Glasgow, which will form […]

Aldermore supports a client of BBS Capital with £33.5m facility

Aldermore Bank has provided a £33.5m, ten-year, part capital repayment, part interest only mixed portfolio facility to an established London-based family office. The predominant nature of the loan is residential but includes an element of well let commercial space. Due to the complex ownership structure, a tailored facility was structured satisfying the needs of both […]

Debt advisers: Intermediaries eye opportunities as the recovery begins

Covid has added complexity because of the changes in lender appetite but the sector is bouncing back after a three-month hold. As members of a profession where knowing your market is essential to success, the rapid change and dislocation of the past 18 months have presented particular challenges for real estate debt advisers in Europe, […]

Octopus Real Estate completes £30m loan for North London film and TV studios

Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed on a £30 million loan to aid the acquisition of a 182,764 sqft office and warehouse space to be used as film and TV studios in Mill Hill, North London. The site, currently known as IBSA House, […]

Investec provides Blue Coast Capital with £24m loan

Investec provides Blue Coast Capital with £24m loan for development of 56 apartments in former Grade-II listed Richmond Royal Hospital. Furthers exposure to high growth residential sector which has proved its resilience during the pandemic. Investec Real Estate (“Investec”) announces that it has agreed to provide Blue Coast Capital, and their development partners, RER, with […]

The role of debt advisers in these uncertain times

J Paul Getty once said that without the element of uncertainty, pulling off even the greatest business triumph would be dull, routine and eminently unsatisfying. At the time, the oil tycoon was the richest man in the world, so his acceptance of less-than-perfect odds had done him no harm. Getty died in 1976 so we’ll […]