First Street Manchester Development £228m whole loan facility to finance the development of “First Street”, a premium Co-Living development in Manchester. The borrower, Downing Living are developing a mixed use scheme which will complete the regeneration of First Street and provide a vibrant...
Precede Capital Partners (“Precede Capital”), the real estate development lending platform, in partnership with global financial services group Nomura, today announces that it has provided a £227 million four-year whole-loan facility to Downing Living, the residential-focused division of...
We are pleased to announce today that global real estate investor QuadReal Property Group (“QuadReal”) has acquired an interest in Précis Capital and will commit up to £1 billion to deploy into its development loans. TowerBrook, Précis Capital’s founding institutional shareholder, retains...
This week in politics has affected the housing market. Rishi Sunak’s new government is fighting economic fires on multiple fronts. These include record CPI inflation figures of 11.1% for October, largely led by the energy supply crunch, continuing to fuel the cost-of-living crisis; the massive...
We are pleased to announce the strengthening of our credit team through the appointments of Ben Lynch as Senior Director, Credit, and Benoit Fesquet as Associate Director. Both Ben and Benoit will report directly to David Jerrard, Precede Capital's Chief Credit Officer.Ben joins Precede Capital...
Precede Capital, Carlyle and Nomura have financed development of The Oren in Hampstead. £80m whole loan facility to finance the development of “The Oren”, a premium Later Living development in Hampstead, London. The borrower, EPISO 5, is a fund managed by Tristan Capital Partners. Elysian...
We are pleased to have provided an £80m whole loan facility, in partnership with Carlyle’s (NASDAQ: CG) global credit platform and global financial services group Nomura, to EPISO 5, a fund managed by Tristan Capital Partners. The facility will be used to finance the development of “The...
