Harbor Group International’s Post

Delighted to enter 2024 with Bromford securing two new funding deals with Lloyds Banking Group and Barclays, delivering over £125m of new funding which will support the development of over 11,000 new homes and fund our sustainability ambitions over the coming years. We continue to link our new funding to our ESG targets. These loans are the first in the sector linked to reducing Scope 1,2 and 3 emissions. They also link to additional customer focused targets: improving our customer advocacy and building more social rented homes. We understand why there is growing scepticism over the long-term viability of sustainability-linked loans in our sector as the requirements of the LMA now demand even more commitment, disclosure and investment from housing associations. Some of our peers have chosen to drop sustainability linkage on their new facilities but we believe that SLLs can endure if the demands of the regulator and funders are proportionate to the potential savings offered, which we can reinvest into our communities. When setting disclosure requirements, we believe that funders need to recognise the inherent social value and positive environmental impact our sector delivers through our core business, in contrast to other sectors who are looking to prove their ESG credentials which are less obvious and direct. We are pleased to have achieved this balance with Lloyds Bank and Barclays on these loans so the true benefits of sustainable finance are realised – driving greater visibility and accountability of delivery against our Bromford-led sustainability commitments. A huge thanks to the teams for driving these deals to close: Bromford (Rachel Hurst | Marc Kusicka | Sarah Hind | Tracey Collings | Amanda Swann | Helen Lloyd) Lloyds (Ray Tierney | Melpomeni Rapti | Chris Yau | David Willock) Barclays (Alison Gray | Allison Roberts | Alana McPhee) Trowers & Hamlins (Eleanor James | Anna Beckett) Addleshaw Goddard (Helen Hunter | Iain Rodley).

Jameson TTB is pleased to report the successful repayment of 𝗝𝗮𝗺𝗲𝘀𝗼𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗧𝗿𝘂𝘀𝘁 𝟳 (“𝗝𝗙𝗧𝟳”) – a land loan with a 65% loan-to-value ratio secured against prime real estate located in 𝗡𝗲𝘄 𝗙𝗮𝗿𝗺, 𝗤𝗟𝗗. Over the 26-month loan term JFT7 delivered investors: - a realised net Internal Rate of Return (IRR) of +10.71%; and - a realised net Multiple on Invested Capital (MoIC) of 1.23x. We are currently raising for three live investment opportunities due to settle in 1Q24, each offering solid risk-adjusted returns to investors. If you’d like to learn more and secure an allocation, please feel free to contact a member of the team: 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮: - Matthew Afflitto, FCPA (matthew.afflitto@jamesoncapital.com); or - Jonathan Webster (jonathan.webster@jamesoncapital.com). 𝗚𝗹𝗼𝗯𝗮𝗹 (𝗲𝘅-𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮): - Mark Ferguson (mark.ferguson@jamesoncapital.com); or - Peter Chapman (peter.chapman@jamesoncapital.com). #commercialrealestate #realestate #propertyinvestor #investingopportunities #fundsmanagement #alternativerealestateassets #privatecredit

“We are delighted to have held the final close for NACP III at $1.9bn,” commented Brian Spenner, Head of North American Credit at ICG. “The sizeable increase in client commitments compared to the preceding fund is a testament to the proven nature of the strategy and the appetite among both new and long-standing ICG clients for differentiated credit funds. We look forward to continuing our investment program and providing capital solutions for private equity sponsors and corporate borrowers.” Established in 2014, the strategy for which NACP is the third vintage, provides private debt financing to private equity-sponsored middle-market companies and independent corporate borrowers in North America, typically investing in businesses with $25m to $250m of EBITDA. Marking today’s announcement, Benoît Durteste, CIO and CEO of ICG, said: “This is a significant milestone for the team, reflecting the track record established – among both clients and corporate borrowers – in the decade since the strategy’s inception. This successful fundraise allows us to capitalize on attractive investment opportunities, and further reinforces our presence in North America, a key growth area for ICG.” 🔗 Press release: https://lnkd.in/exD6927F #PrivateMarkets #PrivateCapital #Alternatives Capital at risk. Past performance is not a reliable indicator of future results.

DSCR Investor Loan Rates have been historically on average between 1 point to 1.5 points higher than Conventional Investor Loan Rates. That margin has dramatically narrowed recently. With other benefits of financing investment real estate under a DSCR program it makes sense for most real estate investors to use DSCR instead of conventional investor financing for 1 to 4 unit properties. https://bit.ly/3PZOcg5

!!! PRODUCT ALERT !!! FIXED RATE CERTAINTY. With the unpredictability of Interest Rates this past year, it is fair to say the priority for Investors is to focus on their financing costs. Adding the difficulties of navigating through the lending landscape, it is welcoming to see the introduction of fixed rate product for large Property Investment which allows for some certainty and transparency. If you are looking to refinance stabilised or non stabilised property assets then get in touch. Below is an example of a lender backed with Institutional Capital and is actively seeking opportunities within the 10-35m range. get certainty over your investment financing costs and position yourself for the next investment cycle. #pbsa #prs #affordablehousing #propertyinvestment #fixedrates #interestrates

Working with lenders and investor-friendly agents is a must. We know the importance of securing pre-approvals. From analyzing interest rates to insurance and monthly payments, we navigate the loan process to ensure your success in REI. 🍻Watch us LIVE on Facebook & YouTube every Friday at 5 pm for REI Happy Hour @ 5 PM. ONLY on the Campos Capital Group's page. #fixandflip #DSCRLoan #hardmoneylender #realestateinvestor #Invest #DSCR #needfunding #camposcapitalgroup #intrestrates

At a time when banks and other financial institutions have become cautious in lending to the real estate sector, AIFs have emerged as a popular vehicle for financing real estate projects. According to industry players, Category II AIFs are taking a lead in making funds available for realtors by subscribing to NCDs or non-convertible debentures issued by developers. Why are real estate developers going to AIFs but? Even though banks charge a lower rate of interest as compared to a AIF fund, banks mostly lend for construction activities. While and AIF fund can lend for land acquisitions, approval fees. Also even if banks agree to lend to realtors, yhe commercials turn out to be very difficult for real estate developers. Read full story here : https://rb.gy/0huhtb

🚀 Exciting News for Brokers! Introducing Our New DSCR Program for 5-9 Unit Properties 🚀 Are your clients looking for more flexibility in their investment property financing options? Our newly launched DSCR (Debt Service Coverage Ratio) program is here to help! ✅ Now Available for 5-9 Unit Residential Properties ✅ Ideal for Investors Seeking Long-Term Growth At AAA Lendings, we understand that every investment opportunity is unique. That’s why we’ve designed this program to cater to a broader range of property types, providing your clients with more options and you with more business opportunities. Ready to learn more? Let’s connect! I’m here to answer any questions and help you explore how this program can benefit your clients. #MortgageBroker #DSCR #RealEstateInvestment #MortgageLending #AAAPrograms

We are just a little over a week away from the Policy Priorities Track at MBA CREF Conference in San Diego! Learn about commercial loan modifications and workouts in an increasing rate environment where there is demand for equity for investors and borrowers. Consider differences in CMBS, Debt Funds, Life Companies, Banks, and agency lending. #STWD #StarwoodSolutions #StarwoodMortgageCapital #CommercialRealEstate #CMBS #AssetManagement #SpecialServicer #CREUnderwriting #DistressedRealEstate #Starwood #reis #StarwoodCRESolutions #MBACREF #MBACREF24

Most corporate treasurers will be aware of the Loan Market Association (LMA) from being faced with LMA documentation on loan and Schuldschein transactions. However, not everyone is familiar with what the LMA does, its purpose, how they produce their forms of documentation and how they interact with borrowers. The German Association of Corporate Treasurers (formerly known as Verband Deutscher Treasurer e.V. ) spoke to Kam Hessling, Senior Director at the LMA to find out more. Read article: https://lnkd.in/e8eKABGZ #treasury #lma #loanmarket #eact