Reading Time: < 1 minuteUK: Paragon Bank’s Development Finance division has extended its range of funding options to provide loans of up to £35 million to support the acquisition and development of institutional-grade BTR schemes.
Reading Time: < 1 minuteUK: Developer and investor Topland has secured the anchor tenant for its Paradise View mixed-use development in central Birmingham.
Reading Time: 2 minutesBlackstone’s iQ Student has acquired two PBSA assets from Downing Students for £370 million.
Reading Time: 3 minutesUK: Investment agency Harris Associates and operator VervLife have joined forces to launch a resident-focused report on the coliving sector.
Reading Time: < 1 minuteUS: Reports from the US suggest that WeWork plans to file for bankruptcy as early as next week.
Reading Time: 2 minutesKSA: Saudi Arabia is set to see a surge in the number of elderly individuals by 2035 resulting in strong demand in the kingdom’s senior living market
Reading Time: 2 minutesUK: GMI Construction Group has been selected by developer Olympian Homes to build a £50 million PBSA scheme on the site of the former Mecca Bingo Hall on York’s Fishergate.
Reading Time: 2 minutesUK: Urban regeneration specialist Vita Group and Greater Manchester Pension Fund have secured a £126 million debt package from NatWest and Santander UK against the Vita Living BTR apartments at Circle Square in Manchester.
Reading Time: < 1 minuteUK: Macquarie’s BTR platform Goodstone Living has closed its first fund, with more than £550 million investment capacity.
Reading Time: 2 minutesUK: Specialist lender Together has agreed a loan for developer Countrylarge to buy a plot of disused industrial land on Leeds’s South Bank.
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