DEVELOPMENT FUNDING  Residential development schemes are by their nature largely speculative and this is understood by the lending market. Location is of above average importance when considering the funding options that will be available. Commercial development or asset management transactions rely on acutely relevant borrower track record and often involve pre-lets or pre-sales. Appetite and the selection of lender type are as varied as they have ever been. Having been amongst the most active advisors in the development finance market during the last 15 years enables us to offer an unparalleled service to our clients.

DEVELOPMENT FUNDING

Residential development schemes are by their nature largely speculative and this is understood by the lending market. Location is of above average importance when considering the funding options that will be available. Commercial development or asset management transactions rely on acutely relevant borrower track record and often involve pre-lets or pre-sales. Appetite and the selection of lender type are as varied as they have ever been. Having been amongst the most active advisors in the development finance market during the last 15 years enables us to offer an unparalleled service to our clients.

 
 
 MEZZANINE FUNDING  Mezzanine funding can be a useful tool to plug the shortfall between debt and borrower equity. It can also be utilised to stretch borrower equity further – often between two or more transactions instead of just one. The market is mature but also niche and opaque. A wide variety of return expectations exist between providers of mezzanine depending on their funding source and the risk profile of the transaction. Residential development mezzanine is relatively expensive at 12% IRR+ whereas investment mezzanine ranges from mid to high single digits.

MEZZANINE FUNDING

Mezzanine funding can be a useful tool to plug the shortfall between debt and borrower equity. It can also be utilised to stretch borrower equity further – often between two or more transactions instead of just one. The market is mature but also niche and opaque. A wide variety of return expectations exist between providers of mezzanine depending on their funding source and the risk profile of the transaction. Residential development mezzanine is relatively expensive at 12% IRR+ whereas investment mezzanine ranges from mid to high single digits.

 
 INVESTMENT FUNDING  With a mixture of corporate banking and debt advisory experience our team have vast experience in arranging finance secured against all asset classes. Fit for purpose location is essential and good quality assets and medium to long term income from strong tenants are preferred for high gearing transactions. We have long-standing relationships with in excess of 200 lenders including clearing, investment and challenger banks; pension funds; family offices and funds ensuring we are able to structure the most appropriate facility however complex the requirement.

INVESTMENT FUNDING

With a mixture of corporate banking and debt advisory experience our team have vast experience in arranging finance secured against all asset classes. Fit for purpose location is essential and good quality assets and medium to long term income from strong tenants are preferred for high gearing transactions. We have long-standing relationships with in excess of 200 lenders including clearing, investment and challenger banks; pension funds; family offices and funds ensuring we are able to structure the most appropriate facility however complex the requirement.

 
 
 JOINT VENTURE EQUITY  Arranging joint venture equity is often complex and benefits from having varied experience in different types of agreement.  Third party equity is especially in demand for residential development schemes of all sizes, enabling the sponsor to share the various risks as well as the rewards with an appropriate source of capital.  Some structures are straightforward shareholding entity participations whereas others include priority returns, promote ratchets and various rights for the partner.

JOINT VENTURE EQUITY

Arranging joint venture equity is often complex and benefits from having varied experience in different types of agreement.

Third party equity is especially in demand for residential development schemes of all sizes, enabling the sponsor to share the various risks as well as the rewards with an appropriate source of capital.

Some structures are straightforward shareholding entity participations whereas others include priority returns, promote ratchets and various rights for the partner.

 
 Short term FUNDING  There are an increasing number of ways in which short term products can now be applied to funding requirements. We pride ourselves on taking a different approach to bridging finance. The key to this difference is relationships with widest selection of lenders in the short term funding marketplace. This comprises not only the mainstream provides but also family offices, specialist bridging financiers, high net worth individuals, private banks and other unique pots. Accordingly we often tailor specific funding arrangements to ensure the most efficient solution to each requirement.

Short term FUNDING

There are an increasing number of ways in which short term products can now be applied to funding requirements. We pride ourselves on taking a different approach to bridging finance. The key to this difference is relationships with widest selection of lenders in the short term funding marketplace.
This comprises not only the mainstream provides but also family offices, specialist bridging financiers, high net worth individuals, private banks and other unique pots. Accordingly we often tailor specific funding arrangements to ensure the most efficient solution to each requirement.

 
 
 Growth Capital  Voltaire Financial have assisted a range of experienced real estate sponsors in sourcing primarily private equity fund backing to enable them to launch or turbocharge an innovative business model.  Other types of investors including family offices have appetite for similar investment opportunities. More strategic partnerships of this kind, as opposed to raising joint venture equity on a transaction by transaction basis, are a proven approach and create various efficiencies for both parties.

Growth Capital

Voltaire Financial have assisted a range of experienced real estate sponsors in sourcing primarily private equity fund backing to enable them to launch or turbocharge an innovative business model.

Other types of investors including family offices have appetite for similar investment opportunities. More strategic partnerships of this kind, as opposed to raising joint venture equity on a transaction by transaction basis, are a proven approach and create various efficiencies for both parties.

 

 

 


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