The specialist lender — which focuses on £5m-plus deals across the commercial, BTR, prime residential, strategic land and leisure sectors — has a further £100m of deals in the pipeline and is targeting £500m of total lending during the year.
Topland’s recent lending activity has included bridging and development finance, co-lending with other providers, as well as preferred equity.
The structured finance division is also looking into venture capital opportunities for real estate-backed businesses.
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Topland’s latest deals include a £25m refinance bridging loan secured against two leisure assets in Cornwall, a £32.6m loan for a prime residential scheme in London and a £7.6m acquisition loan for a BTR scheme in Edinburgh.
The group has also financed JV arrangements, including the acquisition of hotels in mainland Europe and social housing across the UK.
Sol Zakay, executive chairman and chief executive at Topland, said: “Following the uncertainty of 2019, this year has started with renewed confidence from borrowers and we are increasingly being approached with entrepreneurial lending and JV opportunities.
“With significant cash reserves in place and in-house underwriting resources, we are keen to hear from prospective borrowers and JV partners seeking financing solutions.”
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