CapitalRise surpasses £150m redemption milestone

CapitalRise has returned over £150m to investors since its inception in 2016.

The milestone follows the redemption of a senior bridging loan secured against a super-prime property in the private estate, St. George’s Hill.

The loan was redeemed by the borrower within the original estimated term dates, with £9.2m being paid out to investors in capital and interest.

The successful completion of this latest loan marks an important milestone for CapitalRise, with a total of £159m of capital and returns paid to investors to date.

Lee Francis (pictured), head of origination at CapitalRise, said: “This most recent loan that we have repaid was particularly attractive to investors, largely due to its location in St. George’s Hill – one of the most prestigious, private gated communities in the country.

“While our historic focus has been on Prime Central London, we continue to expand the range of investment opportunities offered to include those in the Prime Outer London and the Home Counties, which generate considerable investment appeal.

“The prime property sector’s continued resilience and our cautious strategy have enabled a strong pipeline of upcoming opportunities for new and existing investors, and we are delighted to continue expanding our presence in this space.”

Uma Rajah, CEO and co-founder, CapitalRise, added: “The £150m redemption milestone builds on a strong growth trajectory for CapitalRise, as our specialist asset class continues to withstand the economic shocks facing the wider UK property market.

“As an investment firm built by developers, we have a unique understanding of prime property finance, and our expertise within the technology sector has enabled us to create a highly accessible investment platform.

“From the deep prime property development expertise of our origination team, to our highly skilled underwriters, I am confident that we will continue to build on this outstanding success.”

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