New property finance firm enters Irish market and aims to lend €300m for new housing developments
Elgin Property Finance will focus on housing projects, but will also provide finance for care homes, student accommodation and hotels
A new property finance lender has entered the Irish market and aims to lend up to €300 million for new housing developments over the next three to five years.
Elgin Property Finance, a subsidiary of MM Capital, the property investment firm founded by Peter Leonard and Derek Poppinga in 2013, said it is entering the Irish market to provide debt financing of up to 75 per cent loan to value and 90 per cent of ...