Unregulated Bridging Loans on The Rise

Bridging lending has increased by nearly eight percent for the third quarter of this year to £213.35m, according to Bridging Trends data.The proportion of unregulated bridging loans rose to 68.4 per cent compared with 63.2 per cent in the second quarter while regulated fell to 31.6 per cent compared with 36.8 per cent. MT Finance Commercial director Gareth Lewis was upbeat about the figures. "The data continues to show that property investors are seeking attractive opportunities to acquire properties. There [...]

By |2021-11-13T10:15:24+00:00November 17, 2018|Blog, Finance News, Planning News|0 Comments

TH Real Estate to Refinance £1.1bn UK Portfolio

TH Real Estate has instructed Eastdil Secured to help refinance the seven core UK properties in its Cityhold Office Partnership, valued at nearly £1.1bn. Cityhold Office Partnership is a €2.2bn pan-European office joint venture vehicle between US institution TIAA-CREF and Sweden’s AP1 & AP2. Bridging Loan by HZA The UK super-prime property portfolio, valued at around £1.085bn, comprises six built assets and one development site, all in London totalling 1.35m sq ft. They are: The 332,448 sq ft ‘Can of [...]

By |2021-11-13T09:27:50+00:00July 11, 2016|Blog, Finance News, mycrousal, News|0 Comments