Hilco Real Estate Finance (HREF), the specialist bridge lender and subsidiary of Hilco Global, has announced a significant reduction in lending rates.
In most instances rates have been cut by more than 1% per annum.
So far in 2025, the HREF has delivered loans backing purpose-built student accommodation and hotel refinancing, as well as serviced offices and residential developments.
Recent deals have been secured on assets across the UK and Ireland, from London and the South East, to Leeds, Suffolk, Manchester, Newcastle, Worcester, and Waterford in Ireland.
Brad Altberger (pictured), CEO of HREF, said: “Our swift growth has brought benefits and economies that we are keen to pass on to our borrowers and intermediaries as we consolidate our foothold in the UK market.”
“We’re very excited that our growth is ahead of target and is bringing interest and opportunities to enable us to beat our plan, but cementing our place as a go-to bridge lender in the £5m to £50m space is our near-term goal, and passing on economies and offering lower rates will help with that.”
Max Lewis, HREF chief investment officer, said: “The market now better understands our core aims to lend rapidly, with a high degree of certainty on the right calibre of asset, and we’re showing that we can do deals in just two weeks with good collateral and track record.”
