Whitehall Capital targets residential care homes, sheltered accommodation and student accommodation

By Bridging Loan Directory 1st September 2023

Whitehall Capital, a prominent bridge lender, has revealed plans to increase its exposure to residential care homes, sheltered accommodation, and student accommodation projects in a move to cater to a broader spectrum of borrower needs and diversify its loan book.

Whitehall Capital has a track record of delivering innovative and tailored financial solutions to real estate developers and investors.

This expansion underscores the company’s commitment to meeting the evolving demands of the market, particularly in sectors that are responding to changing demographics and societal shifts.

Anthony Bodenstein, Founder and Managing Partner at Whitehall Capital, said:

“Our decision to broaden our product range reflects our commitment to staying attuned to the shifting dynamics of the bridging market.

These areas involve more complex underwriting, as debt sizing is typically based partly on leverage to cashflow, as opposed to asset values alone.

Through this expansion to our range, our experienced team can contribute significantly to areas that are generally less well-served than other parts of the market, especially in the current macroeconomic environment.

We feel, therefore, that there is a sizeable opportunity to grow in these areas, while also fulfilling our ESG goals.”

This expansion not only underscores Whitehall Capital’s dedication to remaining at the forefront of industry trends but also highlights the company’s confidence in the growth potential of these sectors.

Whitehall Capital aims to become a crucial partner for borrowers and brokers and investors seeking reliable funding solutions in these emerging markets.