Property finance platform, Initiative Ireland, has secured the backing of Goldman Sachs Asset Management for its latest financing project. The new investor will join Fairfield Real Estate Finance as a backer of the joint venture led by the six-year-old Irish firm. The partnership is raising €900m in funding to lend to experienced property developers with the aim of financing the … Read More
Initiative Ireland to lend €600m to build 5,000 new homes – RTE 24th May 2021
Initiative Ireland has launched a new sustainable finance partnership for the construction of residential homes with Fairfield Real Estate Finance. Initiative Ireland aims to significantly increase the scale of its lending activity by €600m which will enable small, medium and large-scale developers to deliver 5,000 new homes nationwide over the next three years. It said this will support over 3,000 … Read More
Initiative Ireland partners with Credit Union Development Association to launch €300m fund
Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, today welcomed the announcement by Initiative Ireland and CUDA, the Credit Union Development Association, of their plan to launch a new social and affordable housing fund supported by the Credit Unions of Ireland. The fund aims to support the delivery of 10,000 new social or affordable homes over the next … Read More