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Waypark Capital launches CRE lending product backed by $375m of institutional capital
Waypark Capital, a London-based real estate lending platform, is launching a new fixed-rate lending product with £300 million ($375 million) of new institutional funding.
The product will provide residential and commercial real estate investors with fixed-rate loans of between £10 million ($12.5 million) and £35 million ($44 million). The new funding will have a particular focus on the 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 United Kingdom.
“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 prioritize certainty and visibility over their funding costs,” said Nicolas Vocos, CEO of Waypark Capital. “In