joseph and andrew

Iron Bridge Finance acquires Orlandis Capital

London-based property development lender Iron Bridge Finance has acquired a majority interest in Orlandis Capital.

The acquisition follows a management buyout of the real estate JV equity provider from Christian Candy’s CPC Group.

The Orlandis management team — led by managing director Andrew Chrysostomou (pictured above, right) — will retain a shareholding position.
Orlandis provides equity funding to the developer market and has invested over £125m in the past two years across projects comprising more than 2,500 residential units.
Lance Joseph, CEO at Iron Bridge (left), said: “This acquisition is a natural evolution for our business and comes at a time when there is increasing demand for flexible, well-funded solutions behind senior debt.
“Being able to offer both equity and mezzanine and, where appropriate, a hybrid of both, is great news for developers.”


Andrew added: “In Lance and the team at Iron Bridge Finance, we are joining the best in the industry.

“The offering of equity and mezzanine is a winning proposition for our collective customer base, and we are well positioned to fill this finance gap.”

Late last year, Iron Bridge Finance announced that October was its most successful month ever for completions.

It completed five deals during the month, supporting schemes with a combined GDV of more than £50m.

Sign up to our newsletter to receive more news like this story

I accept that by joining the DFT mailing list, I will receive relevant news and promotional material via DFT on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment