Articles from Eldridge Real Estate Credit

Eldridge Real Estate Credit and Hillwood today announced the provision of two debt facilities for the development and construction of industrial units in Swanley and Park Royal, UK. These transactions total over £57.6 million, and they mark the second and third financings between Hillwood and Eldridge Real Estate Credit.

Greystar, a global leader in the investment, development, and management of high-quality real estate across the living sector, has announced the acquisition of a development site for 458 apartments for its growing flexible living platform in Madrid, Spain, from Bermejo & Williamson Real Estate (“BWRE”). Permits have been secured from the municipality along with a €56.1 million construction loan from Eldridge Real Estate Credit.

Eldridge Real Estate Credit today announced the provision of a £96.7 million loan to Morar Care Group, in partnership with Simply UK, a leading care home developer and operator headquartered in Glasgow, to support the refinancing and development of premium care facilities across Scotland and South East England.

Eldridge Real Estate Credit today announced the provision of debt facilities of over £200m to Vita Group for the development and construction of a 1,068-unit purpose-built student accommodation (“PBSA”) scheme in Canary Wharf, London.