ASK was established in late 2016 to provide alternative finance options to professional property investors and developers no longer served by traditional bank lenders. The company wrote its first loan in March 2017; a £2.2m development exit loan secured against a completed residential development in Mill Hill, London. By August 2022 the company had written loans totalling £1bn.
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Leeds office asset case study
Facility: Senior loan
Asset type: Office with alternative-use potential
Location: Leeds city centre
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ASK hosts London real estate development roundtable
ASK hosted a roundtable bringing together leading developers, funders and advisers to examine the realities of London real estate development in today’s market.
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Senior Loan – Specialist Care Portfolio
Facility: £24.35m senior loan
Term: 24 months
Asset type: Specialist residential care and education portfolio
Location: Yorkshire and the East Midlands