Precede Capital and QuadReal provide £105m financing to fund BTR development in West London
Precede Capital Partners, the B Corp certified real estate development lending platform, and QuadReal Property Group, a global real estate investment, operating and development company headquartered in British Columbia, today announce that they have provided a £105.2 million three-year whole-loan…
Precede Capital Partners today announces that it has received B Corp certification, signifying the firm’s commitment to ESG and responsible business practices. This designation follows a rigorous assessment and verification process. Administered by the global non-profit organisation B Lab, B…
Precede Capital strengthens credit team with two hires
Precede Capital, the real estate development lending platform, today announces the expansion of its credit team through the appointments of Michael Berditchewsky as Associate Director and Lukas Kielius as Associate. Michael and Lukas will report directly to David Jerrard, Precede…
Industry veteran Nigel Webb joins Precede Capital’s Board
Precede Capital announces that Nigel Webb has joined our Board in the role of Non-Executive Director. The appointment of a leading figure in the UK construction industry further strengthens Precede Capital’s Board expertise. Nigel will also sit on Precede Capital’s…
Precede Capital Partners provides £188m financing to fund BTR development
We at Precede Capital Partners are thrilled to announce that we have provided a £188 million five-year whole-loan facility to a joint venture between Apache Capital, Harrison Street and NFU Mutual. This loan represents Precede Capital’s second since our partnership…
Precede Capital is proud to announce the expansion of our experienced team through the appointments of Leon Johnson as Associate Director, Credit, and Sonali Mullick as Senior Associate, Legal. Leon will report directly to David Jerrard, Precede Capital's Chief Credit…
Precede Capital and Nomura announce £227m whole loan financing of Downing Living’s multifamily development in Manchester
Precede Capital Partners (“Precede Capital”), the real estate development lending platform, in partnership with global financial services group Nomura, today announces that it has provided a £227 million four-year whole-loan facility to Downing Living, the residential-focused division of leading property…
Precede Capital Partners and QuadReal announce £1 billion partnership
We are pleased to announce today that global real estate investor QuadReal Property Group (“QuadReal”) has acquired an interest in Précis Capital and will commit up to £1 billion to deploy into its development loans. TowerBrook, Précis Capital’s founding institutional…
We’re delighted to announce that our name ‘Précis Capital’ has changed with immediate effect. We have rebranded as Precede Capital Partners. We have taken this pivotal juncture as an opportunity to rebrand. The switch to ‘Precede’ spares the undeniably awkward…
Precede Capital expands credit team with two hires
We are pleased to announce the strengthening of our credit team through the appointments of Ben Lynch as Senior Director, Credit, and Benoit Fesquet as Associate Director. Both Ben and Benoit will report directly to David Jerrard, Precede Capital's Chief…
Precede Capital announces an £80m whole loan financing of a luxury Later Living development in Hampstead with Carlyle and Nomura
We are pleased to have provided an £80m whole loan facility, in partnership with Carlyle’s (NASDAQ: CG) global credit platform and global financial services group Nomura, to EPISO 5, a fund managed by Tristan Capital Partners. The facility will be…
Precede Capital originates £772m Loan for R&F’s One Nine Elms Project
Precede Capital Partners has partnered with investment firm Carlyle (NASDAQ: CG), global alternative asset manager Apollo Global Management (“Apollo”) and private real estate investment firm Crosstree Real Estate Partners (“Crosstree”) to provide a £772m loan that will fund the completion…
Precede Capital grows legal team with new senior appointment
We are pleased to announce the appointment of Andrew Whittaker as Legal Director. Andrew is the latest addition to the platform’s highly experienced legal team and will report directly into Karen Dunstan, Precede Capital's co-founder and General Counsel. In his…
London Wall Lending and Precede Capital extend £82m loan on Chelsea site
An £82 million funding package led by London Wall Lending in partnership with Precede Capital Partners, has been extended to Gulf Islamic Investments to finance the construction of its latest prime residential development on the site of the former Chelsea…
Precede Capital Partners announces partnership with Carlyle and extends £251m loan to Moda Living
Precede Capital Partners the real estate development lending platform, today announces a funding partnership with the Global Credit segment of investment firm Carlyle (NASDAQ: CG). The partnership between Precede Capital and Carlyle will finance development loans in the residential asset…
Precede Capital featured in Real Estate Capital Europe
Real Estate Capital Europe provides incomparable market insights, analysis and data on the European real estate finance market and recently Precede Capital was featured. Our CEO, Randeesh Sandhu talks about how residential-based operational properties are emerging from the covid crisis…
Recently, Precede Capital wrote an article for Estates Gazette the weekly business magazine published for the UK commercial property market. Written by our very own Co-founder, Karen Dunstan, the article discusses how the collective impact of the global Coronavirus pandemic…
Great Marlborough Estates secures £76m development loan for landmark Chiswick regeneration
Precede Capital Partners is pleased to announce the closing of a £76m debt funding to Great Marlborough Estates to finance the redevelopment of Empire House, a vacant office block on Chiswick High Road, into high quality housing. The three-year whole-loan…
Precede Capital Builds Out Its Specialist Development Lending Team
Precede Capital is pleased to provide more detail on the specialist team it has assembled to deliver effective financing solutions to real estate developers for projects across the UK. Led by Randeesh and Daljit Sandhu, CEO and COO, and Karen…