CBRE Capital Advisors advised LendInvest on the expansion of its UK residential development lending business. CBRE first secured a strategic partnership between LendInvest and Magnetar, a US hedgefund, enabling them to attract Nomura, the Japanese Investment Bank, to provide senior financing. The transaction is part of LendInvest’s transition from a retail investor base to a more institutionally funded business across three key business areas: bridging finance, development finance and buy-to-let finance.
Having considered a number of different structures, CBRE advised on the creation of a structured finance solution bringing in Magnetar as the equity sponsor with Nomura providing a senior loan to boost returns for both parties. The new structure enabled LendInvest to continue to originate small development loans to UK SME borrowers, and allows them to grow their development business.
Throughout the process CBRE was able to provide creative capital markets solutions and provide the client with strategic options on how to grow and mature their business. The combined skillset of our debt and equity teams and overarching corporate finance advice proved vital in this great client outcome.