"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."
- Chris Daly, managing director of structured real estate
Specialist property lender, Glenhawk, has diversified its product offering with the launch of a new structured real estate division.
The division is designed to meet the needs of borrowers requiring larger, more complex short-term funding solutions. It will provide bespoke loans ranging from £5 million to £50 million through a relationship management model, targeting residential and mixed-use properties and portfolios, with a particular focus on high growth living sectors such as purpose-built student accommodation (PBSA) and co-living.
To spearhead this initiative, Glenhawk has promoted Chris Daly to managing director of structured real estate.
Chris Daly (pictured) commented: "The launch of our structured real estate division represents an exciting opportunity to expand Glenhawk’s large loan offering 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."
Guy Harrington, CEO of Glenhawk, said: "The creation of our structured real estate division is a significant milestone for Glenhawk as we continue to grow and innovate. Chris’ promotion reflects his contributions to the business to date, his deep knowledge of real estate lending, alongside his ability to drive forward our ambitious plans. This new division positions us perfectly to meet the diverse needs of our introducers and clients while continuing to deliver the exceptional service Glenhawk is known for."
