New property finance firm enters Irish market and aims to lend €300m for new housing developments | Business Post

Domhnall Gaffney, a director at Elgin, said the new company has already agreed terms on schemes that will deliver over 150 affordable housing units in Kildare, Galway and Limerick. Picture: Rollingnews.ie

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...

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Clearco aims to invest €100m in Irish e-commerce and digital-first businesses | Business PostThe Canadian company provides investment funding to start-up companies but does not take equity in the businesses
Source: businessposthq - 🏆 8. / 71 Read more »

Hit-and-run victim’s family welcome new e-system to catch disqualified drivers | Business PostKarl Robertson was killed in a 2017 by a banned driver, who could not be identified due to delays in updating database
Source: businessposthq - 🏆 8. / 71 Read more »