Commercial Real Estate Lending

Senior lending against resilient underlying assets
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Downing Commercial Real Estate Lending

Downing provides senior and whole loan solutions secured against a broad range of commercial real estate assets, targeting attractive risk-adjusted returns with a focus on capital preservation and downside protection. Our disciplined investment approach favours assets with resilient income, strong occupier demand and long-term structural tailwinds.

Reflecting our focus on investments that matter, we provide institutional investors with access to diversified real estate-backed lending opportunities across sectors, sponsors and geographies, supporting assets positioned to remain relevant through market cycles.

Sectors we support

We provide funding across a diverse range of commercial real estate sectors, including:

Hotels
Offices
Light industrial
Self-storage
Logistics
Retail
Residential property
Leisure
Data Centres
Healthcare
Life sciences
Student accommodation

What we lend on

Four lending capabilities, one underwriting standard.

Property Finance

Originating senior debt opportunities directly or via co-investment agreements with other experienced industry lenders.
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Wholesale Finance

Providing senior and super senior debt financing to lenders in the property sector.
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Residential real estate

Bridging, stretched senior development finance, construction and development exit, for residential, mixed use, student accommodation and similar schemes.

Loans of £2m–£50m
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Commercial real estate

Senior and whole lending against a broad range of commercial real estate sectors and asset classes, for professional sponsors and operators.

Loans of £25m–£200m

Healthcare real estate

Senior debt against healthcare and social infrastructure assets, underwritten by a team that understands these as operating assets, not just buildings.

Loans of £25m–£200m
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Wholesale Finance

Loan on loan facilities to SME Real Estate lenders, funding a share of advances to underlying borrowers.

Facilities of £5m–£50m
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Meet the team

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Downing’s Private Credit team brings extensive expertise, with years of collective experience in direct and wholesale lending.

Parik Chandra

Partner and Head of Private Credit

Mark Gross

Partner and Head of Private Equity

George Cotterell​

Partner, Head of Commercial Real Estate Lending​

Gemma Squirrell

Head of Portfolio and Transaction Management

Joe Flaherty

Investment Director

Will Powell

Investment Director

Richard Lamb

Investment Director

Nigel Alexander

Investment Director

Mark Sukhram

Director

John Pollington

Investment Director

Stacey Baxter

Associate Director

Jay Magee

Associate Director

Doug Bowley

Associate Director

Laura Beckingham

Senior Portfolio Manager

Oliver Pettafor

Portfolio Manager

Luca Maraviglia

Senior Loan Analyst

John Pilbeam

Construction Director

Ben Trott

Loan Servicing Analyst

Paul Harper

Development Director
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Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.

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