Sirius completes record £65m month

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  • 12/07/2018
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Sirius completes record £65m month
Sirius Property Finance recorded its biggest month to date in June, completing on loans worth more than £65m.

 

The bespoke brokerage and debt advisory service, which specialises in high-net worth and corporate real estate finance transactions wrote several stand out deals in H1 including a development exit deal for £22m and an acquisition bridge for £11.9m that was structured at 90% loan to cost.

In another deal, a £700,000 commercial loan on a property with no tenant was put together to enable the client to service the debt from personal means until it was let.

Robert Collins, director at Sirius Property Finance, said: “There continues to be a huge amount of demand from property investors who want bespoke solutions for complex lending requirements and our team at Sirius has worked tirelessly to source the best funding options for a range of transactions.”

He added: “Consequently, we have finished the first half of 2018 with a record month, and we enter the second half of the year with a commitment to further build our business while maintaining our consistently high standards of service.”

Sirius was launched by Brightstar Financial in October 2016 and appointed Adele Turton earlier this year to run a new Manchester office and grow the business in the North of England.

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