Avamore News

bridging-loan-bristol

06 Dec Avamore Completes £920,000 Bridging Loan in Bristol

Avamore Capital, the City of London based specialist lender has completed a £920,000 loan to a South- West based developer and asset manager called Templerock NBH for a new property purchase. The property is located on St Pauls Street, opposite the new Cabot Circus shopping centre. The property has obtained permitted...

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08 Nov Avamore Capital Participates in Props Breakfast 2016

Avamore Capital were delighted to host a table at this year’s Props Breakfast, an annual event set to raise funds for Varietychildren’s charity, resolving to measurably improve young lives every day.  Led by Mike Hussey, Chief Executive of Almacantar, speaking opposite Steve Norris, Chairman of BNP Paribas Real Estate UK and...

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besmir-gjini

08 Nov New Business Development Manager

Besmir Gjini has joined Avamore Capital as a Business Development Manager. Mr Gjini will bring several years of bridging finance experience and has joined the firm with effect from 24th October 2016. “We are delighted that Besmir has joined us at this exciting stage in our growth. Besmir brings with him a...

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72-hours-bridging

27 Oct Senior loan facility for an office to residential conversion

Senior loan facility for an office to residential conversion Avamore Capital has underwritten a senior loan facility to a property developer based in London. The loan would release equity which is going to be used in other residential development project and will also  cover the build costs to convert the security which...

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brexit-avamore

14 Sep Avamore Capital completes largest loan on record

London 14 September Avamore Capital, the specialist short term bridging and development finance firm, has advanced its largest loan in its young history. The loan equated to a gross facility of circa £5.7m secured against two luxury properties in Hadley Wood, North London, which are near practical completion. The borrower is an...

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brexit-avamore

31 Jul Brexit & Avamore – a Remarkable Month

Just a quick note on the month just gone. In the UK we’ve had to: Deal with the post Brexit fall-out Deal with losing a Prime Minister Witness a very short-lived Conservative leadership contest Welcome a new PM in Theresa May Watch another Labour car crash as Jeremy Corbyn has just had a leadership challenge from Owen Smith...

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uk-housing-supply

31 Jul UK HOUSING SUPPLY – ARE WE DOING ENOUGH?

Since the end of the Second World War the UK has built on average more than 300,000 homes per year but in recent years this figure has fallen by half despite the population growing at its fastest pace since the post war baby boom. The Barker Review of Housing pointed out that...

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