Glenhawk has expanded its funding capacity to £700m through a new partnership with a global investment bank.
The financial backing has paved the way for the launch of its structured real estate division, aimed at providing larger, more complex short-term funding solutions.
The division will offer bespoke lending for portfolios and single assets across various real estate projects.
Glenhawk plans to leverage this opportunity to meet the needs of borrowers seeking substantial and intricate funding.
Guy Harrington, CEO of Glenhawk, said: “This new partnership is a game-changer for Glenhawk. It’s a testament to the strength of our business and our vision for the future of specialist property finance.
“With the backing of a globally renowned institution, we’re now in an even stronger position to support borrowers with larger, more complex funding solutions.
“This is just the beginning as we continue to scale and innovate in response to market demand.”
Daron Kularatnam, group treasurer and sustainability director at Glenhawk, said: “This represents an exciting opportunity to expand Glenhawk’s funding relationships and offer large bespoke financing solutions in response to evolving market demands.
“By delivering tailored, large-scale lending solutions through a relationship director model, we aim to enable property professionals across a range of sectors, including PBSA and co-living.
“I want to thank all partners involved for their tireless work to get this facility over the line and to the treasury team at Glenhawk with special mention for Andreea Negroiu.”
Kularatnam added: “It was an amazing achievement by all to structure and execute this complex bespoke facility.”
