What do we do
Quite simply, we bring experienced and professional property operators together with sophisticated investors
Next, we marry them both up with those banks which are still active in the market on conservative senior debt terms.
And finally, we nurture this symbiotic relationship, allowing the property people to get on with business and bring their product to a wider investor audience whilst giving the individual investors the opportunity to participate in specific deals.
Liquidity is massively reduced across the entire banking sector.
Many banks have withdrawn altogether from real estate lending, or have restricted their property lending activities to the restructuring of their existing loan book.
Any new deals require a much higher level of cash equity from the borrower.
Here you can see the shift in lending appetite:
Development | Investment Loan | |||
---|---|---|---|---|
Previously | Now | Previously | Now | |
Loan to Value (“LTV”) Ratio | 80%+ | 50% - 70% | 85%+ | 55% - 70% |
Loan to Cost (“LTC”) Ratio | Up to 100% | 45% - 65% |
Our aim is to plug this funding gap and enable deals to happen.