What Puma Property Finance does

Puma Property Finance is a UK specialist development lender established in 2012 as part of the Puma Capital Group, an alternative asset management group with £1B+ in AUM across four businesses (Puma Investments, Puma Growth Partners, Puma Property Finance, and Puma Public Markets). The company provides unregulated first-charge development loans (£10–100m, up to 70% LTV / 85% LTC, 36-month terms) and stabilisation finance (£10–50m, up to 75% LTV) to UK property developers across care homes, build-to-rent, student accommodation, retirement living, industrial/logistics, life sciences, and commercial real estate. Since inception it has provided £2B+ in loans funding £3B+ of property developments, including 49 care homes and 3,500+ care beds, with offices in London, Manchester, and Edinburgh.

The company's technology differentiator is its proprietary Impact Lending Framework (launched 2024), co-developed with University College London to measure, monitor, and verify social and environmental outcomes of property developments, paired with EDGE certification through partner Sintali. Loans meeting sustainability or social criteria (50%+ affordable housing, projects in high deprivation areas, EDGE certification, EPC B minimum) receive fee reductions of up to 1% of loan value. The team of 140+ professionals delivers relationship-based, direct origination with over 50% of lending to repeat borrowers.

Puma generates revenue primarily through interest income on its development and stabilisation loan book, supplemented by origination fees (arrangement and drawdown fees) and, since December 2025, fund management economics from the Puma Real Estate Secured Credit Fund (PRESC). Its go-to-market is sales-led, enterprise field origination targeting UK property developers, care home operators, housing associations, and build-to-rent specialists. The firm is privately held, not FCA-regulated (conducting lending through Heritage Square Limited, Oasis Lending LLP, and PRESC LendCo I S.à r.l.), and has secured institutional capital partnerships with KKR (£500m JV, March 2026), Madison International Realty (PRESC cornerstone), and Goldman Sachs (£100m back leverage facility).

Name

Puma Property Finance

Legal name

Puma Property Finance Limited

Website

https://pumapropertyfinance.co.uk

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Puma Property Finance is a UK specialist development lender (founded 2012) providing £10–100m unregulated first-charge development and stabilisation loans to property developers across care homes, build-to-rent, student accommodation, and commercial real estate sectors, backed by institutional capital from KKR, Madison International Realty, and Goldman Sachs.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Real Estate Private Credit (CRE Debt) (FSANADAG), SME Commercial Real Estate (CRE) Lending (FSABABAG)

Keywords

• Development lending
• Property finance
• Stabilisation loans
• Impact lending
• Real estate credit

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: Primary revenue from interest charged on development loans and stabilisation finance facilities. Development loans range from £10-100m with terms up to 36 months. Interest income is the core revenue driver.
2. Lending Fees: One-time fees charged at loan origination including arrangement fees and drawdown fees. Additional fee reductions offered for Impact Loans meeting social/environmental criteria.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Puma Property Finance provides specialist unregulated first-charge development loans (£10–100m, up to 36 months, max 85% loan-to-cost) and stabilisation finance (£10–50m, up to 75% LTV, 36-month terms) to UK property developers across care homes, build-to-rent, student accommodation, retirement living, residential, industrial/logistics, hotels, offices, and life sciences. Loans are supported by a proprietary Impact Lending Framework that rewards sustainable and socially beneficial projects with fee reductions of up to 1%. The firm operates the Puma Real Estate Secured Credit Fund (PRESC) and a 2026 KKR joint venture (£500m capacity) to scale institutional lending.

Product overview

Puma Property Finance operates as a specialist UK property development lender offering two core financial products: Development Loans (£10-100m, up to 85% loan-to-cost, 36-month terms) and Stabilisation Finance (£10-50m, up to 75% LTV, 36-month terms). These products work together to support developers from construction through to asset maturity. The Impact Lending Framework (ILF) is an add-on sustainability incentive that rewards qualifying developments with fee reductions up to 1%. The Puma Real Estate Secured Credit Fund (PRESC) is a sub-brand institutional fund product targeting £20-100m loans in the living sector. All products support property sectors including care homes, retirement housing, student accommodation, build-to-rent, hotels, offices, and industrial/logistics.

Differentiator

Problem solved

Functional benefit

Products and services

• Development Loans

Quantifiable outcome

• 49 care homes financed and over 3,500 care beds created
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core.

• UCL (University College London)coreStrategic or Co-development PartnerUCL collaborated with Puma to develop the Impact Lending Framework, a proprietary methodology for measuring and verifying social and environmental impact of property developments. The partnership combines academic research with practical application.
• McGoff GroupcoreOthersRegular borrowing relationship with McGoff Group for multiple development transactions across residential and commercial projects.
• McLaren PropertycoreOthersOngoing lending relationship with McLaren Property for residential development financing.
• Kier PropertycoreOthersDevelopment finance relationship with Kier Property for mixed-use schemes.
• Victory GroupcoreOthersBuild-to-rent development financing for Victory Group's residential schemes.
• Clarion Housing GroupcoreOthersAffordable housing development financing partnership with one of the UK's largest housing associations.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• United Trust Bank: UK specialist challenger bank with established asset finance, bridging and development finance divisions. Larger and more diversified than Puma, but operates in the same UK specialist property lending market.
• OakNorth Bank: UK specialist commercial bank serving SMEs and property developers with bespoke lending solutions. Larger and broader than Puma, but overlapping on property development finance and institutional LP-backed lending model.
• Paragon Bank: UK specialist bank with established buy-to-let, development finance and bridging divisions. Broader portfolio than Puma but directly comparable on UK property development lending to professional developers and investors.

Direct peers

• ASK Partners: Real estate-focused investment and development finance manager in the UK, providing senior debt and equity for residential, commercial and mixed-use developments. Comparable ticket sizes and sector focus to Puma's development lending book.
• Maslow Capital: UK specialist development lender focused on build-to-rent, PBSA and residential development finance with comparable ticket sizes and senior-loan structures. Closely overlaps Puma's core lending verticals and product set.
• Together Money (Together Financial Services): UK-based specialist property lender offering development finance, bridging and buy-to-let mortgages. Direct overlap with Puma on UK specialist development lending, though broader across asset classes and customer segments.
• Shawbrook Bank: UK specialist challenger bank offering development finance, commercial mortgages and bridging to SMEs and property professionals. Comparable in UK specialist property lending with broader product portfolio.
• Praetura (formerly Castle Trust): UK specialist lending and investment group active in property-backed lending. Competes directly with Puma on UK specialist development and bridging finance with comparable target customer base.

Emerging players

• Hope Capital: UK specialist bridging and development finance lender serving property professionals. Smaller and more focused on short-term bridging, but addresses the same developer customer base as Puma.
• MFS (Market Financial Solutions): UK specialist lending platform focused on bridging and development finance for property professionals. Smaller scale than Puma but directly competes for the same developer relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/puma-property-finance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Puma Property Finance