According to CapitalRise, the £20m new investment will be deployed against prime property projects across London and the South East, and will allow the firm to respond to continued high demand for development finance.

The latest investment also follows investments from other partners such as a £30m facility for bridging loans signed in July, as well as a £250m funding line announced in early 2024.

Uma Rajah, CEO and co-Founder of CapitalRise (pictured above), commented: “Securing this £20m funding line increase further supports the diversification of our capital sources, which helps to ensure our robust funding model.

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“We are thrilled to continue working closely with this funding partner as part of our continued commitment to serving our clients with tailored financial solutions.”

Pip Lashko-Sayers, director of capital markets at CapitalRise, added: “The funding line boost not only helps us meet the growing demand for specialist residential development finance — but also builds on our strong partnership with this renowned UK investment management firm, with whom we have had a relationship for the past two years.

“Having completed many transactions together already — and with more in the pipeline — it is great to build on the relationship with this latest increase.

“We look forward to continuing to offer bespoke and competitive solutions to prime property borrowers together.”