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LND strengthens UK market presence through strategic partnerships and expanded leadership team

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Following the recent announcement of the extension of its £450 million funding agreement, LND, the tech-enabled real estate lender, is advancing its mission to provide financial solutions for small and mid-market commercial real estate borrowers within the UK’s property market, through strategic partnerships and an expanded leadership team.

New partnerships

LND has announced new partnerships with CBRE Loan Services and CoBOS, a specialist in automation and data digitisation. The new partnerships strengthen LND’s capacity to process and service loans, ensuring that small and mid-market borrowers have access to reliable and efficient financing.

Richard Lang, Chief Operating Officer and Chief Financial Officer and LND, said: “Our collaboration with CBRE Loan Services provides an important step forward as we scale to meet the growing demands of the UK real estate market. At the same time, the partnership with CoBOS enhances our lending platform by simplifying and automating the lending process, offering borrowers a secure, fast, and user-friendly experience.”

Strengthened leadership

To support these advancements, LND recently appointed Aisling McCarthy as Managing Director of Lending & Origination. Aisling brings over 25 years of experience in European real estate origination and investment management, previously holding senior roles at ICG, UBS, Credit Suisse, Bank of Scotland, and Situs Asset Management. In her new role, Aisling will drive LND’s lending and origination strategy.

Aisling McCarthy said: “I’m excited to be part of LND as we broaden our lending capabilities and advance our tech-driven platform. I look forward to working with our clients to help them realise their ambitions in a dynamic real estate market.” Nicolas Vocos, CEO of LND Capital, commented on the company’s recent progress: “Our recent partnerships and the appointment of Aisling are clear indicators of LND’s commitment to providing reliable financial solutions to commercial real estate borrowers in the UK.

“We continue to expand and adapt to market needs with an emphasis on flexibility and innovation - working with our clients to deliver bespoke financing solutions that support their real estate investments,” he added. To support and accelerate the development of its proprietary technology and expand its lending capacity, LND will shortly announce details of a capital raise, marking the next step in its ambitious growth plan.


Aeon extends £450m funding deal with LND Capital

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As Featured In: CoStar | GreenStreet | EGI


Aeon Investments has extended its £450m funding agreement with Londonbased lender LND Capital to originate commercial real estate loans in the UK. One of the UK’s “leading banking groups” is also participating in the funding agreement, which will help LND Capital to continue to support small and midcap commercial real estate borrowers. The lender specialises in loans of between £2m and £30m, across all major sectors.

Oumar Diallo, chief executive at Aeon Investments, said: “This agreement further demonstrates our belief in the commercial real estate sector, despite prevailing headwinds due to rising rates, surging inflation, and uncertain outlook.

“We firmly believe that rigorous asset selection and loans with prudent LTVs and conservative debt coverage ratios will ensure CRE debt remains an asset class with sound risk/reward ratios.”

Nicolas Vocos, chief executive at LND Capital, added: “We are happy to continue our partnership with Aeon, and to welcome a major British banking group to our commercial real estate lending platform. “We are glad to have secured this funding line, which demonstrates our commitment to providing much-needed finance to the underserved mid-market in the UK commercial real estate sector.”


LND announces partnership with CBRE

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LND is pleased to announce its partnership with CBRE to broaden LND’s capacity to service and process commercial real estate loans across the UK. CBRE Loan Services is one of the world’s largest commercial loan services, providing expert and efficient loan administration services to clients globally. The agreement will further increase LND’s ability to offer the UK commercial real estate market with a one stop solution for small and mid-market commercial borrowing.


LND strengthens leadership team with appointment of Richard Lang as COO/CFO

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As Featured In: Property News | EGI | Green Street News | CoStar


LND.Capital, the specialist real estate lending platform, has appointed Richard Lang as Chief Operating Officer and Chief Financial Officer.

Prior to joining LND, Richard was a partner at Cheyne Capital, where he contributed to the real estate team for over sixteen years, playing a key role in forming and growing the business. His extensive experience also includes positions at several top-tier investment banks, including Barclays Capital, Deutsche Bank and Royal Bank of Scotland.

Nicolas Vocos, CEO of LND, said: "Richard’s extensive experience and proven track record in the real estate finance sector will be invaluable as we continue to innovate and expand our market presence. His expertise will play a crucial role in driving new lending opportunities and delivering exceptional value to our clients."

Richard Lang shared his enthusiasm about his appointment: "Having previously worked with Nic, I am thrilled to be part of LND, a company recognised for its innovative and technology-driven approach to real estate lending. The business is uniquely positioned to simplify and accelerate the loan process, creating unparalleled value for our clients.

“I look forward to contributing to LND's mission of making real estate finance simple, transparent, and efficient," he added. LND launched in 2022 with £450 million of institutional funding to provide commercial real estate borrowers with flexible and reliable loan solutions of between £2 million and £30 million, with LTV ratios of up to 70% for acquisitions, refinancings and asset upgrades.


LND Capital completes on loans for UK offices

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LND Capital, the recently launched commercial real estate lending platform, has completed on over £15 million of loans, in two separate transactions involving office properties in the UK.

In one transaction, the London-based lender provided a £10.2 million, 70% LTV facility, to finance a portfolio of two high-quality office investments for a total of 71,500 sq ft, located in out-of-town business parks in Birmingham and Newcastle. This followed a £5.2 million facility to refinance a 14,000 sq ft new-build office property located in the Battersea Design and Tech Regeneration Area in south London.

Nicolas Vocos, CEO of LND Capital, said: "In the last few months we have witnessed a 15%-20% reduction in property values and a 20% erosion in affordability as financial conditions have tightened due the substantial increase in interest rates and a sharp reduction in the commercial investment market activity.

“These turbulent market conditions mean that borrowers are finding it challenging to find suitable funding solutions that match their requirements. However, our capital strength and streamlined process, combined with market knowledge and experience, allow us to provide the certainty of execution needed in the context of market uncertainty and interest rate volatility.

"The team worked with the clients to navigate these challenging markets and to ensure they had the right loan solutions to meet their financial goals. We are pleased to have delivered these loans for our clients, ensuring the successful completion of these transactions during very uncertain times” he added.

The London-based lender provides commercial real estate borrowers with tailored loans and financial solutions of between £2 million and £30 million for acquisitions, refinancing, and asset upgrades.


LND Capital launches fixed-rate real estate loan product with £300 million of institutional funding.

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LND Capital, the London-based real estate lending platform, is launching a new fixed-rate lending product, backed with £300 million of institutional funding.

The product will provide residential and commercial real estate investors with fixed-rate loans of between £10 million and £35 million, with LTV ratios of up to 60% at a minimum margin of 2.65%. The new funding will have particular focus on residential, student accommodation, build to rent, logistics and industrial sectors.

The introduction of fixed-rate finance complements the lender’s current floating rate offering and expands the scale and range of financing solutions available to commercial real estate borrowers in the UK.

Nicolas Vocos, CEO of LND Capital, said: "The sharp rise in the cost of capital over recent months and the complexities in navigating the current real estate finance landscape are prompting borrowers to prioritise certainty and visibility over their funding costs”.

“In response, we are launching a flexible fixed-rate loan solution, offering terms of up to 20 years to commercial real estate investors for acquisitions and refinancings.”

"The addition of this new product brings LND Capital’s firepower to £750 million and represents an additional step in positioning our platform as a fully-fledged real estate lender, that is able to meet the capital needs of real estate investors throughout their investment cycle," he added.


LND appoints Aisling McCarthy as Managing Director of Lending & Origination

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The new appointment supports LND’s ongoing market expansion and comes at a time when demand for flexible loan solutions is surging at the company.

Aisling joins LND from ICG, where she was a managing director for the pan-European debt fund. Aisling has over 25 years of European real estate origination and investment management experience, having also held various positions in the real estate lending teams at UBS, Credit Suisse, Bank of Scotland and Situs Asset Management. Aisling holds an MBS in Financial Services from UCD Michael Smurfit Graduate Business School.

Nicolas Vocos, CEO, said: "We are delighted to welcome Aisling to the team. At LND we are focused on providing commercial real estate borrowers with the funding solutions they need. Aisling brings extensive experience in delivering tailored lending products and driving exceptional customer experience."

Aisling McCarthy said: “I’m excited to share that I’m starting a new position as Managing Director overseeing lending at LND Capital, a full-service specialist real estate platform lender, focused on reliable and innovative solutions for the Commercial Real Estate market. I look forward to catching up with everyone to discuss the many new lending opportunities that LND is delivering to the market.”

LND launched in 2022 with £450 million of institutional funding to provide commercial real estate borrowers with flexible and reliable loan solutions of between £2 million and £30 million, with LTV ratios of up to 70% for acquisitions, refinancings and asset upgrades.


LND Capital launches its real estate lending platform with £450 million of institutional funding

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LND Capital, a new commercial real estate lending platform, has announced its launch with £450 million of institutional funding to originate small and middle-market commercial real estate loans in the UK.

The London-based lender will provide commercial real estate borrowers with tailored loans and financial solutions of between £2 million and £20 million, with LTV ratios of up to 75% for acquisitions, refinancing, and asset upgrades.

Nicolas Vocos, CEO of LND, said: "Banks’ dominance of the UK real estate credit market has decreased considerably over the last decade. We expect this trend to continue as the pandemic disruption contributes to tighter regulation and lowers risk tolerance from traditional providers of real estate finance.

"Our lending platform is uniquely positioned to capitalise on this opportunity, particularly as the real estate industry looks to a net-zero carbon future that would require significant funding to upgrade the UK’s commercial property stockpile to meet current and future requirements," he added.

The new business is focused on relationship lending and a simple approval process built around the customer, with an emphasis on speed and certainty of execution. The lender’s current pipeline already exceeds £150m of loans and it is on track to close a number of transactions next month.