Beaufort Capital has launched a \u00a31bn Senior & Stretched Senior Debt product to support experienced property developers across England, Scotland and Wales.<\/p>\n\n\n\n\n\n\n\n
Beaufort expects to deploy these funds in the UK real estate development market over the next three to five years. The new product has already proved extremely popular with half-a-dozen projects closed and\/or agreed since December 2021, including schemes across Central & Greater London, Nottingham, Essex, Edinburgh and Glasgow, with GDVs totalling c.\u00a3350m.<\/p>\n\n\n\n
<\/p>\n\n\n\n
The multiple award winning team\u2019s decades of experience in both property development and providing development finance enables Beaufort to continue to support a wide range of asset classes, including; mass-market residential, PRS, student accommodation, retirement, healthcare, leisure, commercial and site assembly.<\/p>\n\n\n\n
The new product targets development projects with typical GDVs of \u00a315m – \u00a375m+ and loan facility sizes between \u00a310m and \u00a350m, though they have appetite to provide larger facilities for best-in-class schemes, with excellent sponsors. The product has a maximum loan to value of 70% and a maximum loan to cost of 85%. <\/p>\n\n\n\n
Paul Norman, Founding Partner, Beaufort Capital, said: \u201cWe are delighted to announce this new product to the UK real estate finance market. For almost a decade, Beaufort has typically provided mezzanine debt and equity co-investment to its developer partners. <\/em><\/p>\n\n\n\n “Our clients have repeatedly asked us to expand our offering to a whole capital solution, and we are excited to be able to provide the entire product suite of capital needs for our clients, going forward.<\/em><\/p>\n\n\n\n “The Beaufort team continues to focus on partnering with exceptional sponsors in sectors and locations where we have built up deep knowledge and experience, over many decades.<\/em>“<\/p>\n\n\n\n With a keen focus on ESG, Beaufort\u2019s due diligence into potential transactions encompasses a thorough review of a number of factors, including construction methodology to ensure that it meets sustainability standards, as well as encouraging innovative solutions to meet and hopefully exceed evolving ESG expectations across the industry.<\/p>\n","protected":false},"excerpt":{"rendered":" Beaufort Capital has launched a \u00a31bn Senior & Stretched Senior Debt product to support experienced property developers across England, Scotland and Wales.<\/p>\n Beaufort expects to deploy these funds in the UK real estate development market over the next three to five years. The new product has already proved extremely popular with half-a-dozen projects closed and\/or agreed since December 2021, including schemes across Central & Greater London, Nottingham, Essex, Edinburgh and Glasgow, with GDVs totalling c.\u00a3350m.<\/p>\n","protected":false},"author":2,"featured_media":286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts\/285"}],"collection":[{"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=285"}],"version-history":[{"count":7,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts\/285\/revisions"}],"predecessor-version":[{"id":339,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts\/285\/revisions\/339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/media\/286"}],"wp:attachment":[{"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}