Hilco Real Estate Finance launches medium-term loan product with facilities from £10m to £150m

By

Max Lewis

Hilco Real Estate Finance (“HREF”), a Hilco Global company, has launched a new medium-term loan product in response to market demand for extended finance facilities.

The new product will be available in both the UK and Ireland, with terms ranging from 2 to 6 years, and loan sizes of £10m–£150m (approximately €11.5m–€175m) are actively considered.

Pricing will start at the Sterling Overnight Index Average (SONIA) + 2.95%.

All loans will be secured by real estate collateral at a loan-to-value ratio of up to 75%.

As with its existing approach, HREF is sector-agnostic and positive about esoteric assets; borrowers will benefit from the same speed, flexibility, and level of service that are the hallmark of HREF’s bridging loan activity.

Max Lewis, chief investment officer at HREF, said:

“This new medium-term product marks a step-change in HREF’s lending capabilities and will service a growing requirement for extended finance facilities.

As one of the best-capitalised lenders in the sector, the move into loans of up to six years is a natural progression for us, and we look forward to bringing the insight, speed, and flexibility that HREF is renowned for to this increasingly vital segment of the real estate lending market.”

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