Robert Collins

Sirius Property Finance celebrates record month

Sirius Property Finance has achieved a record month in June, completing on loans worth more than £65m.

The record month rounded off a successful first half to 2018 for the bespoke brokerage and debt advisory service, which specialises in high-net-worth and corporate real estate finance transactions.

Among the loans completed by Sirius last month was a £22m development exit loan, an £11.9m acquisition bridge that was structured at 90% LTC and a £700,000 commercial loan on a property with no tenant, which Sirius structured to enable the client to service the debt from personal means until it was successfully let.

“There continues to be a huge amount of demand from property investors who want bespoke solutions for complex lending requirements and our team at Sirius has worked tirelessly to source the best funding options for a range of transactions,” said Robert Collins, director at Sirius Property Finance (pictured above).

“Consequently, we have finished the first half of 2018 with a record month, and we enter the second half of the year with a commitment to further build our business while maintaining our consistently high standards of service.”

Earlier this year, Sirius appointed Adele Turton to head up its Manchester office and grow the business in the North of England.

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