Commercial Observer’s Post

Cain has agreed an £11 million construction loan to fund a state-of-the-art, 65,000-square-foot self-storage facility in Milton Keynes, developed by Compound Real Estate. “We are excited to support Compound on our first deal in the self-storage sector. As the UK market experiences strong growth in this area, this new partnership is a natural fit for our commitment to supporting high quality sponsors in sectors with strong market fundamentals.” - James MacAlpine Read more here: https://lnkd.in/epS5eK8U

📢 Lendlease Progressing on UK Construction Arm Sale 🚧 Exciting news in the construction industry today: Lendlease is advancing the sale of its UK construction division, initially put up for sale in May. With several private equity firms keenly evaluating the business, there's growing speculation that we might see a deal concluded in the early weeks of the new year. The uncertainty has raised questions about project guarantees for clients, but the consistent interest suggests a promising outlook. 🤝 Lendlease's team, led by CEO Tony Lombardo, is diligently handling the process, and recent presentations to potential buyers underscore a strong push towards finalising a deal. With a rich history, an impressive track record, and a robust future pipeline, this division presents a valuable opportunity. The latest figures might show a dip in profit and turnover, but with £2.3bn in work at the preferred bidder stage, the future looks bright. Let's keep the conversation going - what are your thoughts on this significant industry move? #ConstructionIndustry #Lendlease #UKBusinessSale For more insights, visit alexander-assoc.co.uk or get in touch at robert.fox@alexander-assoc.co.uk, 07881247542.

David Martin's development firm, Terra, has landed a $170M construction loan for the first phase of its $1B mixed-use development.   Terra landed the debt from New York-based Scale Lending, the credit arm of development firm Slate Property Group, for the project dubbed Upland Park.   The loan finances the 578-unit first phase of development, and construction is expected to begin in early 2025. Terra is developing the Dolphin Park and Ride Station into a 47-acre transit hub with residential, retail and commercial uses. Read more via Chloe Gallivan at Bisnow: https://lnkd.in/eXDxesSa

I walked around my community recently and saw such a diversity of new construction types, shapes and methodologies... We often get asked by our clients what they should build on a given site... Kadus Group is well positioned to answer that question as we have internal expertise in acquisitions, planning, real estate finance, construction management and comprehensive development services. But its not simple... The answer often depends on many different and sometimes conflicting factors. Here are just a few that need to be considered; - What is the highest & best-use for the site? - Is there a requirement for a park on-site, or other design specific elements? - Is there sensitivity to neighbouring properties? - What rental rates or sales prices can be achieved in the neighbourhood? - Do they intend to hold the property longterm, or sell to an investment group? - What is the land base/cost? - How much equity does the owner have? - Are they able to guarantee a construction loan? - Do they intend to perform the construction themselves or hire a GC/CM? AND THE MOST IMPORTANT QUESTION IS: WHAT ARE YOUR ASPIRATIONS FOR THE PROPERTY? Get in touch, if you have a property that you hope to develop, and our team will help you find the optimal solution. Mike Marcella, Jennifer Murray, P. Eng., MBA, Andrew Thomson

Thor Equities Group has secured a $37 million construction loan from ACRES Capital for the 63,000-square-foot Wynwood Walk neighborhood retail center in Miami: https://lnkd.in/e6VYhVND

Avamore Capital has announced the successful completion of a £1.1 million part complete development loan aimed at finalising the construction of four identical two-bedroom properties on a development site in Gloucestershire. The project features four partly constructed properties, each thoughtfully designed to be arranged over three floors. To date, the developer has been self-funding the construction, with a strategic plan to transition into financing for the remaining work. The introduction of funding has been instrumental in helping the developer move forward. The loan, capped at 65% of the loan-to-gross development value (LTGDV), is structured over an 18-month term. With only nine months to complete the construction, this timeline ensures the developer has ample opportunity to finalize the project within the agreed timeframe. https://lnkd.in/dqYCyt_q

If you’re a builder who feels there are more ideal financing options for you and your business model, you’re probably right ✅ Oftentimes, we run into investors who have both amazing teams and tons of leads on new opportunities - but not enough capital to spread around while their active projects are still ongoing 🛠 At Above PAR Capital, we aim to eliminate that issue in full stride. With the ability to wrap your Interest-Payments into the loan, our Ground-Up Construction programs are specifically tailored for builders to be able scale at the pace they are truly capable of 🏘🏘 To learn more about our programs, reach out to the info below and let's master the art of leveraging together 🤝 941-257-3269 contact@aboveparcapital.com #realestateinvesting #realestateinvestors #realestateinvestor #groundupconstruction #newbuilds #groundup #hardmoney #privatelending #scaling

"Completion of $250M Capital Structure for Jersey Shore Condo Development" Read the full article below..

🏗️Lendlease Global Sell-Off: $4B UK and US Assets Up for Sale 🌏 Lendlease, one of the world's largest construction companies, is divesting its UK and US assets, refocusing on its Australian operations to stabilise its financials and enhance shareholder returns. 🔍 Why This Matters: 1️⃣ Strategic Shift: Faced with prolonged market downturns and structural challenges, Lendlease is exiting markets where it perceives long-term returns as insufficient. This move aims to consolidate operations and focus on regions with the most potential for profitability. 2️⃣ Financial Health: By selling these assets valued at AU $4.5 billion, Lendlease aims to reduce debt and reinvest in its core Australian market. This strategic pivot is expected to streamline operations and improve financial performance. 3️⃣ Market Impact: The sale involves significant properties and projects in prime locations, potentially attracting international investors and altering the dynamics in these regions. 📈 This decision significantly shifts from Lendlease's previous global expansion strategy to a more focused approach, emphasising operational efficiency and financial stability. 🔗 Explore the strategic implications of Lendlease's asset sales and what it means for the global construction and real estate markets: https://lnkd.in/gWvAtWw5 🗣️ #questionforgroup: How will Lendlease's strategic refocus influence Australia's construction and real estate sectors and globally? Share your views! #realestate #construction #lendlease #australia #assetmanagement #strategy #globalbusiness #woodcentral #woodcentralau1 #masstimber #engineering #industry #building #uk #us #woodsolutions #timberconstruction #masstimber #masstimberconstruction #timberengineering #crosslaminatedtimber #glulam #woodsolutions #makeitwood

🏗️Lendlease Global Sell-Off: $4B UK and US Assets Up for Sale 🌏 Lendlease, one of the world's largest construction companies, is divesting its UK and US assets, refocusing on its Australian operations to stabilise its financials and enhance shareholder returns. 🔍 Why This Matters: 1️⃣ Strategic Shift: Faced with prolonged market downturns and structural challenges, Lendlease is exiting markets where it perceives long-term returns as insufficient. This move aims to consolidate operations and focus on regions with the most potential for profitability. 2️⃣ Financial Health: By selling these assets valued at AU $4.5 billion, Lendlease aims to reduce debt and reinvest in its core Australian market. This strategic pivot is expected to streamline operations and improve financial performance. 3️⃣ Market Impact: The sale involves significant properties and projects in prime locations, potentially attracting international investors and altering the dynamics in these regions. 📈 This decision significantly shifts from Lendlease's previous global expansion strategy to a more focused approach, emphasising operational efficiency and financial stability. 🔗 Explore the strategic implications of Lendlease's asset sales and what it means for the global construction and real estate markets: https://lnkd.in/gWvAtWw5 🗣️ #questionforgroup: How will Lendlease's strategic refocus influence Australia's construction and real estate sectors and globally? Share your views! #realestate #construction #lendlease #australia #assetmanagement #strategy #globalbusiness #woodcentral #woodcentralau1 #masstimber #engineering #industry #building #uk #us #woodsolutions #timberconstruction #masstimber #masstimberconstruction #timberengineering #crosslaminatedtimber #glulam #woodsolutions #makeitwood