Major Balance Sheet Lenders Still Active
Estates Gazette, EG Finance, 1st December 2007Anglo Irish, the balance sheet lender which puts a lot of emphasis on relationship management, has approved several UK deals since the start of the crisis.
These include a Battersea residential development consisting of 73 properties for Thornsett Group, with £23m of senior debt, and two Islington, north London based predominantly retail portfolios for David Pearl, with about £30m of debt. In addtion, Anglo has financed two residential development deals - one in the City and the other in Surrey - for Nicholas King Homes, with circa £37m of debt.