Hilco Real Estate Finance (HREF) has launched a new medium-term loan product.
The new product will be available in both the UK and Ireland, with terms ranging from two to six years, and loan sizes of £10m to £150m. Pricing will start at the Sterling Overnight Index Average (SONIA) +2.95%.
All loans will be secured by real estate collateral at a loan-to-value ratio of up to 75% and as with its existing approach, HREF is sector agnostic.
Max Lewis (pictured), chief investment officer at HREF, said: “This new medium-term product marks a step-change in HREF’s lending capabilities and will service a growing requirement for extended finance facilities. As one of the best-capitalised lenders in the sector, the move into loans of up to six years is a natural progression for us, and we look forward to bringing the insight, speed, and flexibility that HREF is renowned for to this increasingly vital segment of the real estate lending market.”
