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Co-Founder and CEO, Ellis Sher revealed to Development Finance Today that the lender was interested in the secondary market, claiming that acquiring loan books was an efficient way of deploying significant cash on day one, as opposed to ground up development which occurs slowly over time.

 

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More than 10 years on from the global financial crisis, there is an abundance of liquidity for new speculative property developments, with lenders fiercely competing for a share of the market.  

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