{"id":430,"date":"2024-01-29T11:46:03","date_gmt":"2024-01-29T11:46:03","guid":{"rendered":"https:\/\/www.beaufortcapital.co.uk\/news\/?p=430"},"modified":"2024-01-29T11:46:03","modified_gmt":"2024-01-29T11:46:03","slug":"beaufort-completes-over-150m-of-new-lending-in-last-quarter","status":"publish","type":"post","link":"https:\/\/www.beaufortcapital.co.uk\/news\/?p=430","title":{"rendered":"Beaufort Completes Over \u00a3150m of New Lending in Last Quarter"},"content":{"rendered":"\n<p>Beaufort Capital, a leading specialist development finance provider, has achieved a significant milestone, exceeding \u00a3150 million in new lending within the last quarter.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>With a combined GDV of over \u00a3300 million, Beaufort achieved this lending milestone funding a variety of developments, with notable projects including:<\/p>\n\n\n\n<ul><li>A purpose-built student accommodation (PBSA) scheme in the centre of Birmingham, working with a repeat client to deliver an exceptional project.<\/li><li>The development of four self-storage facilities with a new client who intends on growing its self-storage portfolio over the long-term.<\/li><li>Two PBSA projects: 139 units in Southampton and 155 units in Edinburgh. These projects are in collaboration with another repeat client.<\/li><li>A light industrial JV strategy with a 10-year existing client. Beaufort provided a flexible debt facility and an equity co-investment to partner on the active management and repositioning initiative.<\/li><\/ul>\n\n\n\n<p>The UK\u2019s resilient economy, supported by continued local and international in-vestment has provided a strong backdrop to allow Beaufort to continue to build up-on more than a decade\u2019s worth of development lending throughout the UK.<br><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><em>We are delighted to be working with such a range of accomplished and highly-experienced developers and are excited to be funding much needed quality and sustainable developments across the UK<\/em><\/p><cite>Joe Flaherty, Director, Beaufort Capital<\/cite><\/blockquote>\n\n\n\n<p><br>Mark Quigley of Beaufort Capital added, \u201c<em>It has been a great end to last year and a wonderful start to the new year and with more transactions in legals we\u2019re anticipating a very strong first quarter.<\/em><\/p>\n\n\n\n<p><br>\u201c<em>It is pleasing to being able to support long-standing clients whilst at the same time bringing new borrowers into the Beaufort Capital fold.<\/em><\/p>\n\n\n\n<p><br>\u201c<em>The self storage portfolio deal was of particular note for being our first time lending into that specific sector and therefore widening our lending experience further still.<\/em>\u201d<\/p>\n\n\n\n<p><br>In addition to these recent transactions in PBSA, self-storage, and light-industrial assets, Beaufort\u2019s lending and investment activities extend to opportunities in residential development, BTR, retirement living, care and hospitality.<\/p>\n\n\n\n<p><br>Looking ahead, Beaufort is targeting \u00a3500 million in new lending for the year, and current activity indicates that this goal is well within reach.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beaufort Capital, a leading specialist development finance provider, has achieved a significant milestone, exceeding \u00a3150 million in new lending within the last quarter.<\/p>\n","protected":false},"author":2,"featured_media":431,"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\/430"}],"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=430"}],"version-history":[{"count":3,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts\/430\/revisions"}],"predecessor-version":[{"id":434,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/posts\/430\/revisions\/434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=\/wp\/v2\/media\/431"}],"wp:attachment":[{"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beaufortcapital.co.uk\/news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}