Real estate debt manager Venn Partners has launched a new Dutch-focused mortgage lender and is seeking to lend €2 billion to residential buyers by 2018.
Launched today (21 March), Venn Hypotheken will raise the money through a combination of residential mortgage-backed securities, funds and direct investment.
Gary McKenzie-Smith, managing partner at Venn Partners, told PDI that it has set itself the target of lending between €750 million – €1 billion by the end of this year and €1.5