Faes & Co seeks to raise up to $100m for US real estate bridging finance market
The mortgages were agreed just before last September’s mini-Budget
Partnership will help finance smaller property developers to provide more homes
More than £200m of capital has already committed to the new vehicle by investors
AUM has reached £1.8bn while FUM is up to £2.9bn
Funding round follows £150m from Asian investment bank Nomura and alternative investment manager Magnetar earlier this month.
Online property investment platform LendInvest has secured £150m of initial funding from Nomura and Magnetar
LendInvest has raised a £50m retail bond on the London Stock Exchange
UK lending and investment platform LendInvest has raised its £50m target for a bond after launching the issue in mid-July