The new enterprise has also seen strong demand for its product and has a large pipeline of loans it expects to fund in the near term.  

Headquartered in London, with a presence throughout the UK, HREF comprises a team of highly experienced finance professionals led by CEO Brad Altberger and CIO Max Lewis.

HREF is a fully integrated subsidiary of Hilco Global (Hilco), the multi-national financial services group with more than $3bn of assets under management.

HREF builds on Hilco’s long established credentials as a lender, valuer and asset manager.

HREF provides bespoke flexible property finance solutions nationwide across various real estate sectors and capital structures, offering short term loans for growth, acquisition opportunities, development exits and refinancing exits with loan sizes ranging from £1m to £50m+.

Spanning a range of sectors, regions and asset types, HREF’s recent loans have included a £23m facility secured against a major roadside infrastructure site in the southeast of England; a £13m loan secured against a 130 bed PBSA block and a 100-bed residential block in Yorkshire; and a £10m bridge loan against two care homes in London and Dover.

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The lender has also provided funding for the acquisition of four new build apartments in west London with a value of £2.2m, and provided additional funding to enable a client to grow and restructure his family business in the Northeast, with a real estate value of £3.5m. 

Loan origination efforts are headed by joint managing directors and industry veterans Andrew Ward and Sean Adams.

Andrew and Sean are supported by director Adrian Hogan and a dedicated team. 

Andrew said: “We identified a need for entrepreneurial, reliable, and rapid secured lending above the £10m level where many independent sources of funding have to tap out or are forced to ‘club’ a deal, and that’s where we’re focused, with our first five deals averaging £10m in value.  

“As we are able to deploy our own capital to borrowers in any industry, and because we aren’t encumbered with the regulatory and policy frameworks of larger institutional banks, we can get loans done rapidly in complex situations, with sensible structures and due diligence.”

Sean commented: “Our five latest lends demonstrate our diversity, with deals across the UK in a range of sectors, so far including care, residential, industrial, student accommodation and agriculture.

"Given the significant resources behind us, we can cope with any volume and size of transactions and have the benefit of being able to make decisions and deploy funds swiftly.

Pictured above L-R: Sean Adams, Adrian Hogan, Andrew Ward