Late last year, Andrew Whitaker, a colleague at Precede, launched a LinkedIn series on the 2022 Building Safety Act (BSA). His first piece covered the three Gateways in detail, with the second piece exploring the risks and challenges for developers. In this article, we revisit the current landscape...
Precede Capital Partners has announced the funding of a £20.8 million syndicated bridge loan to Broad Street Real Estate with co-lender Firma Partners, to fund the acquisition and fit-out of Barclay House, a centrally located office in Manchester set to be converted into residential use.The...
Tell us about your role at Precede, what does your day-to-day look like? I’m part of the Credit team at Precede, focused on originating, underwriting, and executing new loans for large-scale development (£50m+) and bridge finance (£5m+) opportunities. My day-to-day often includes building...
Towards the end of 2023, ‘stay alive till ’25’ was a mantra I heard repeatedly. It neatly captured the prevailing sentiment among investors. After what had been a bruising year marked by spiralling inflation and high-profile banking collapses, many felt that the best strategy was to lie low...
As I outlined in my last LinkedIn article, the government is walking a narrow path between balancing economic growth with its net zero obligations. Both are hugely important objectives, but are they antithetical? How do you balance trying to deliver 1.5 million new homes over the term of this...
Tell us about your role at Precede, what does your day-to-day look like? I’m part of the origination team at Precede, responsible for sourcing, screening and executing new loans. Another big part of my role is structuring capital which is often situation-driven and mostly bespoke. On top I’m...
Tell us about your role at Precede, what does your day-to-day look like? I am part of the legal and operational team at Precede. On the fund-raising side, I negotiate a range of corporate agreements from advisory agreements to joint venture and funds related documentation. I also assist the deal...
