Specialist property lender Glenhawk has announced the launch of a new Structured Real Estate division.
The division will provide bespoke loans ranging from £5m to £50m through a relationship management model, targeting residential and mixed-use properties and portfolios, with a particular focus on high growth living sectors such as purpose-built student accommodation (PBSA) and co-living.
The Structured Real Estate division is designed to meet the needs of borrowers requiring larger, more complex short-term funding solutions.
To spearhead this initiative, Glenhawk has promoted Chris Daly to managing director, Structured Real Estate who will continue to report into CEO and co-founder Guy Harrington.
Commenting on the new division Daly said:“The launch of our Structured Real Estate division represents an exciting opportunity to expand Glenhawk’s large loan offering in response to evolving market demands. By delivering tailored, large-scale lending solutions, through a relationship director model, we aim to enable property professionals across a range of sectors, including PBSA and Co-Living.”
