Graham Emmett

Atelier Capital Partners surpasses £100m lending milestone

Atelier Capital Partners has revealed that it has funded over £100m of loans since officially launching in January 2020.

The bridging and development lender, which was founded in August 2019, reached the milestone after posting its strongest ever quarter, with £35m lent in Q4 2020.

This included £11.5m of acquisition funding for the redevelopment of a former care home in north London. 

Atelier — which has a focus on urban regeneration and the funding of schemes on brownfield sites that deliver a positive impact to their local community — is now on track to exceed the £200m lending mark by the end of 2021.

“We’re proud to have achieved so much in such a short space of time,” commented Graham Emmett, chief investment officer at Atelier (pictured above). 

“Atelier has financed an impressive array of residential developments, and we’ve lent more than £100m to a range of schemes of both ambition and quality.

“Atelier formally launched in January 2020, with ambitious goals and a bold strategy for growth. 

“Just weeks later, the arrival of Covid delivered a once-in-a-generation shock to the economy, but the quality of our people and our proposition have kept us firmly on track, and we’re now on course to break the £200m barrier before 2021 is out.”

The lender offers a range of short-term and development finance solutions, for terms of up to 24 months, to fund land acquisitions and construction and refurbishment work.

Global asset manager M&G Investments is providing funding to support Atelier’s lending and working capital.

In July 2020, the lender appointed Martin Gilsenan as director of origination, following an ambitious recruitment campaign earlier in the year. 

Chris Gardner, chief operating officer at Atelier, added: “Atelier’s success is a testament to the strength and skill of our team, and to the enterprise of our borrowers. 

“We’ve assembled a group of committed professionals from across the development and short-term real estate finance sector who all share our vision and drive.

“The combination of this first-class expertise with Atelier’s institutional funding has cemented our reputation for certain deal execution and powered us to a rate of growth that would be impressive in any market. 

“In the current environment, it’s a significant achievement that will inspire us to even greater things in 2021.”

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