Real Estate Capital: Maslow Capital named runner-up for UK Alternative Lender of the Year Award
In November, Real Estate Capital Magazine invited companies across the industry to submit an awards case for their editorial team’s careful consideration. The panel of journalists did their own research, canvassed opinions from senior industry participants, debated the merits of each organisation and eventually drew up a shortlist after eliminating hundreds of applications from their consideration.
It was at this stage that the editorial team put forward Maslow Capital as one of only four finalists in the very competitive category for ‘UK Alternative Lender of the Year’, up against DRC Capital, ICG-Longbow and Legal & General.
Following a final vote by individuals across the industry, Maslow Capital can today announce that we achieved enough votes to be crowned as runners-up in the category, warranting a mention in today’s announcement.
We would like to congratulate DRC Capital for winning the category and also ICG-Longbow and Legal & General for being shortlisted alongside us. Given the many hundreds of applications this group of lenders stood above, it is an honor to come in second in the company of such great competition.
The REC panel described Maslow as:
“A specialist lender which focuses on providing development loans across the UK market, Maslow was launched in 2009, initially to finance the completion of part-built schemes after the financial crisis. In October, it reached £1.5 billion of loans written since inception, with around £600 million of 2019 loans due to complete. In 2019, it expanded its product range to target developers of industrial, hotel and retirement living projects, with the new business lines contributing to £166 million of 2019’s lending. Its standout deal of 2019 was a £123 million facility for the construction of two residential towers in Manchester.”
With the news of Maslow’s Real Estate Capital runner-up status, we will now be looking towards celebrating more of our successes in the coming months. Maslow will be attending The Business Moneyfacts awards this month, where Maslow has been nominated for ‘Best Development Finance Provider’ and ‘Best Service from a Development Finance Provider’, as well as a further nomination for ‘Lender of the Year’ by Property Week at the Property Awards in April.
We would like to thank all of our clients and partners for their continued support.