Author: Redmond Byrne

Development lending in the mid-market: “LMA-Lite”

This article will examine how the mid-market in property development finance has adopted a hybrid loan document based on the LMA Real Estate Finance Senior Term Loan (Development), often referred to as “LMA-Lite”, explain how it differs from standard form LMA and provide commentary on how one size does not… Continue reading →

Pluto Finance Funds 216 Unit Scheme

by on for Pluto Finance (UK) LLP

Pluto Finance has closed a new £35 million stretch senior residential development loan to Elevate Property Group for a new 216-unit apartment scheme in Ashford, Kent. Greg Dunne, Senior Lending Manager at Pluto Finance, comments: “Ashford has undergone significant regeneration in the past five years and the influx of investment… Continue reading →

Lender completes £3m bridge for offshore firm in 4 days

by on for Bridging and Commercial

Century Capital took just four days to complete a £3m first charge bridging loan for a company based in the British Virgin Islands.  Working on the deal Brecher fully vetted the offshore company’s multi-layered management and ownership structure as well as confirmation of its funding. Click here to read the full… Continue reading →