Affinius Capital Secures £80M Loan for Student Housing Developments in Leeds and Lancaster
Affinius Capital has closed its inaugural loan of £80 million through its European debt platform to a joint venture backed by H.I.G. Capital, secured by two student housing developments in Leeds and Lancaster. The financing also includes back leverage from Standard Chartered, marking a key step in Affinius's expansion into development lending across Europe.
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Affinius Capital has launched its European debt platform, closing its first transaction with an £80 million senior loan to a joint venture supported by H.I.G. Capital, secured by student housing projects in Leeds and Lancaster.
Standard Chartered provided back leverage financing. This transaction is a milestone in Affinius's expansion into European lending, complementing its U.S. lending growth of over $50 billion since 2013. The European platform aims at development lending and transitional credit, leveraging existing expertise in logistics, data centers, and multifamily housing.
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