The project – a 122-unit residential scheme in New Barnet – will now bring the combined GDV of Cogress’s property portfolio to £1.06bn.
- Cogress completes £5.25m mezzanine deal
- Cogress celebrates exit on London Fields project
- Zorin surpasses £300m lending milestone
In August alone, Cogress provided £10m in funding to two UK projects taking the total amount it has committed in private equity and mezzanine finance since launch to £166m.
“The strength of our due diligence process enables us to consider developments other lenders wouldn’t,” said Tal Orly, CEO at Cogress (pictured top, front centre),
“We have a team of property analysts, solicitors and surveyors in-house who assess each business plan, and can offer support to those developers we do partner with.
“We are signing new deals every week and our origination team is actively sourcing projects in cities including Manchester, Birmingham, Bristol and Exeter.”
Also pictured, top (l-r): Rachel Stark, investor relations director; Callum Ferguson, head of origination; Daniel Levene, head of market analysis.