Origin Capital announces completion of five lending transactions

Origin Capital, a recently established senior debt finance provider for the commercial property sector, has successfully completed five lending transactions in the closing weeks of 2015, as it continues to establish itself as a real alternative to traditional lenders in the Irish market.

The deals have a combined value of €21m and comprise a variety of asset classes, including:

• Refinancing of a mixed use asset portfolio incorporating retail, industrial, office and residential units across Dublin from an existing financial institution
• Refinancing and refurbishment of a Dublin commercial premises owned by a leading Irish entertainment group
• Funding of an unencumbered commercial asset in Dublin City Centre, allowing the Promoter to close another transaction

According to CEO Ross Metcalfe, Origin Capital’s early success can be attributed to a number of factors, which clearly differentiate it from larger competitors: “We are offering clients something that is not currently present in the Irish marketplace, which is the opportunity to deal directly with the decision makers and have proposals appraised solely on their commercial merits. In addition, we are committed to reducing bureaucracy for our clients so that they can get transactions completed in a timely manner”.

In addition to these transactions, Origin Capital has a growing pipeline of new business as it establishes a strong foothold in the Irish marketplace. The company was recently awarded the ‘Best Newcomer’ award in the InBusiness Editor’s Choice Awards 2015 and is currently in advanced negotiations to secure a further tranche of funding to facilitate ongoing business growth.

For further information on Origin Capital, please visit www.origincapital.ie.

ENDS

About Origin Capital:

Origin Capital provides senior debt commercial property finance in the Irish market for investment deals in excess of €3m. The company is a joint venture between LeBruin and certain investment funds managed by Tricadia Capital Management, LLC, a New York-based investment firm with approximately $4b in assets under management. Established in April 2015, the company was recently awarded the ‘Best Newcomer’ award in the InBusiness Editor’s Choice Awards 2015.

Martin Robinson
Head of Marketing,
LeBruin / Origin Capital
Tel: + 353 1 281 5250
martinrobinson@lebruinprivate.com