Lambert Smith Hampton has announced a new joint venture with Alpha Property Finance to grow its property finance offering to include specialist investment and development finance.
London-based Alpha, established in 2006, typically structures large loans for commercial property investors and clients investing in the UK property market.
As a result of the jv, Chris Hay and Clive Liddelow will join LSH in its London office as co-heads of its property finance team, joining incumbents Ashley Elkin and Adam Klein.
Together, the duo bring more than 50 years of commercial property expertise spanning investment and development finance, mezzanine and equity funding for clients including pubic limited companies, offshore trusts, developers, high-net-worth individuals and consortia.
LSH’s property finance team arranges finance for a range of property investment and development opportunities, covering both individuals and businesses operating in the commercial and residential property sectors.
The type of finance LSH can provide includes:
- Senior debt
- Short-term lending (bridging)
- Development funding
- Mezzanine funding
- Stretch senior debt
- Equity
Ezra Nahome, chief executive, at Lambert Smith Hampton said: “This is a strategic move for LSH so we can bolster our property finance capabilities, stretch beyond providing short-term finance and expand the range of services and funding lines that we offer our clients.
“Chris and Clive are experts in senior debt and have access to exclusive equity provisions for developers and investors alike, so will be a great addition to our team.”
Hay said: “[LSH’s] national network provides a platform for us to leverage our extensive experience of structuring investment, development and owner-occupier loan facilities to further enhance LSH’s reputation for successfully matching lenders and those requiring capital.”
To send feedback, e-mail Louisa.Clarence-Smith@egi.co.uk or tweet @LouisaClarence or @estatesgazette
