MSP Capital secures £350m of new funding – Mortgage Strategy

MSP secures £350m funding line from JP Morgan and Pollen Street

MSP Capital has agreed a £350m funding line with JP Morgan and Pollen Street Capital, which it will use to provide funding to developers looking to build homes. The property finance provider said the funding is designed to bolster its continued growth in the development and bridging finance markets. Read more: JP Morgan expands private […] The post MSP secures £350m funding line from JP Morgan and Pollen Street appeared first on Alternative Cred…

MSP Capital secures £350m of new funding – Mortgage Strategy

MSP Capital has agreed a funding facility of £350m via investment partners, J.P. Morgan and Pollen Street Capital. Designed to support the  property finance specialists growth in the development and bridging finance markets, this facility will enable MSP Capital to provide flexible and diverse funding solutions to new build developers. The lines of funding comprise a senior-secured facility from J.P. Morgan of £200m,  and an additional £150m fac…

Alternative Bridging secures £150m funding to support residential bridging growth

Specialist property lender Alternative Bridging Corporation has secured a £150m funding package comprising a new institutional mezzanine facility from a global asset manager and an extension of its existing warehouse facility with Barclays Bank PLC. The combined funding will support the continued growth of the lender’s residential bridging business over the coming years. The London-based firm, which has over 30 years’ experience providing bespok…