Alpha Property Lending

We are pleased to announce the successful £17m refinancing of the 202-key 4* Brentford London Novotel for a repeat Borrower.   Well done to Benjamin Philips, Ben Ebrahimi and Emily Angel for the successful execution of this facility. An extended thank you to Hill Dickinson LLP and CBRE for your support with this transaction. 

Delighted to have worked with DNA UK Properties on this project.

We are pleased to announce the successful completion of a £17.5m development facility to Fiera Real Estate UK and Wrenbridge to assist the JV-partnership with the construction of Boxyard which will comprise 4x high-spec logistics units providing 84k sq ft of prime logistics space situated in Hayes. The Scheme will be targeting BREEAM Outstanding and an EPC A+ rating.   This is the third deal we have assisted Fiera Real Estate with and look forward to continuing to support them with their active pipeline.   Christopher Button, Head of Investment Management at Fiera, said: “We are delighted to bring forward this ESG exemplar logistics scheme which marks our third deal with Alpha in quick succession.”   Mert Z., Head of Commercial Lending at Alpha, added: “It is great to be able to support Fiera with a third industrial development scheme within 18 months, and the second with their partner, Wrenbridge. The teams at Fiera and Wrenbridge are commercial, proactive and easy to work with, making the underwrite and execution process straightforward. As our first scheme at Bishops Storford has now reached practical completion, with over 95% pre-lets to strong tenants, we look forward to the success of the Hayes scheme in a similar manner”.   Well done to Mert Z. and Ben Ebrahimi for successfully executing this transaction and a special thank you to Osborne Clarke, Knight Frank and Dalbergia Group for your support throughout the process. Full article below:

Alpha Property Lending are pleased to have provided a £12.5m facility to Chancerygate to assist with the development of an institutional-grade industrial estate in Horsham. Michael Treliving, Chief Financial Officer at Chancerygate, said: “We are pleased to have secured this facility with Alpha Property Lending to support delivery of our Audio Park development in Horsham. There is strong demand for sustainable, Grade A urban logistics accommodation in the locality and we have already seen high levels of interest from prospective occupiers. We now look forward to progressing our scheme to deliver this long-term economic asset for the Sussex region.” Mert Z., Head of Commercial Lending at Alpha Property Lending commented “It has been great to complete our first deal with Chancerygate, who have an undeniable track record in the industrial sector. We are pleased to be supporting this exciting scheme which we expect to sell well given the supply and demand imbalance in the locality for owner occupied stock. Chancerygate have a strong pipeline of further assets both on their own balance sheet and with strategic partners that we look forward to working with them on in the future.” Thank you to all that worked on this deal to get it over the line in an efficient manner including Charles Russell Speechlys, Freeths, BCLP, Dalbergia Group, Knight Frank and Gallagher. Appreciation also to the team at Alpha who have worked hard on recent completions, this being the second deal of three completed in two days last week!

We are pleased to announce the completion of a £13.6m facility to EQT Exeter to assist with the development of a self-storage asset in Greater London. The self-storage scheme will be targeting BREEAM Excellent, and will be Net Zero Carbon ready, providing high-quality self-storage accommodation in Loughton. This is the third self-storage asset that Alpha Property Lending are supporting EQT Exeter with, in the last 12 months.   Jay Patel of EQT Exeter commented “EQT Exeter and team STOREX Self Storage are pleased to have closed a successful debt deal with Alpha Real for our self storage site in Loughton. The team’s sector knowledge made them both commercial and pragmatic throughout the process, and their approach ensured a seamless and quick transaction. We are excited to continue our journey with AlphaReal as we bring the construction to fruition and commence the rent up. The completed building will have excellent ESG credentials, state of the art technology and best in class security." Mert Z., Head of Commercial Lending at Alpha Property Lending commented “It has been a pleasure to work with the EQT Exeter team to increase their self-storage blueprint in the Greater London area. EQT Exeter have already achieved Practical Completion on the first self-storage site we funded for them in Watford, well ahead of budget and programme, now working towards stabilising the asset. With the fundamentals for self-storage being strong in the Loughton 10-minute catchment area, with no competition for the asset, we look forward to supporting another self-storage asset of EQT Exeter’s to completion and stabilisation. EQT Exeter have a strong pipeline of further self-storage assets that we look forward to being involved in.” Congratulations to Mert Z. and Ben Ebrahimi for getting this transaction over the line and a special thank you to Burges Salmon LLP and Knight Frank for your support throughout the process.

We are delighted to be financing the development of this fantastic scheme. https://lnkd.in/eMCf8CXg

Delighted to be assisting Compound Real Estate with the development of 91,000 sqft self storage facility in Tunbridge Wells https://lnkd.in/gSis98bk

An interesting read on the value add provided by Debt Advisers. Delighted to have worked with BBS Capital on the provision of development funding to Wavensmere Homes and Galliard Homes https://lnkd.in/gne7C4UD

We are pleased to announce the completion of a £16.4m Development Exit Bridging Facility to Macc Care to facilitate the sale of 42x retirement living and 34x unrestricted private residential units across their development schemes located in Solihull and Leicester. Naz Nathani, Founder of MACC Care Group commented, "Alpha is a good lender especially during unsettled times. Mert, as always, is straightforward, solutions focused and delivers - a pleasure to work with.” Mert Z., Head of Commercial Lending at Alpha Property Lending commented, "Delighted to get our first deal over the line with MACC Care Group. Retirement Living is a sector we continue to focus on and grow our exposure to with the right counterparties and in the right locations. Allowing older persons to move to specialised housing with amazing amenities will improve quality of life for residents who join a community in its truest sense but also assist in releasing supply of housing for families, while taking strain off the care sector, with on-site and nearby provisions being available for care. We look forward to supporting MACC with further projects.” Well done to Mert Z. and Ben Ebrahimi for getting this one over the line and a special thank you to DAC Beachcroft and Cushman & Wakefield for your support with this transaction.

Not everyone can say they wake up genuinely excited for work each day. It is the people that I work with in the industry that makes doing what I do so enjoyable, many of whom I'm lucky enough to call friends. MIPIM is a full on week but getting the chance to spend quality time with some very special people in the industry is priceless. Thank you in particular to Adam Callaghan, Alastair Carmichael, Ben Jenkinson, Ben Rustin, Damien Siviter, Ghislaine Halpenny, James Ellis (MRICS), Kevin Cahill, Madeleine Clark, Nick Hume and Sally Jupp to name a few, for making the time / hosting fantastic events. It's great to be part of a team in the truest sense at Alpha Property Lending and I'm looking forward to making this year even better than our last, which was quite something! After putting my feet up for the weekend that is... #mipim2024 #mipim #developmentfinance #investmentproperty