GRE CAPITAL MANAGEMENT LIMITED

What GRE CAPITAL MANAGEMENT LIMITED does

GRE Capital Management Limited is a UK-based private credit lender, founded in May 2020 by Michael Mirelman and headquartered at 14 Little Portland Street, London. The firm provides asset-backed lending to UK real estate borrowers, funding the acquisition, refinancing and repositioning of commercial, residential and mixed-use property through four core products: senior debt (first charge lending at typically 60-70% LTV/LTGDV), stretched senior facilities, preferred equity and (launched in 2025) development finance. Loan tickets in the public case studies range from £3.1m to £17.3m with terms of 12-24 months, and structures include serviced, partially rolled-up and capitalised interest to accommodate borrower cash flow during development phases.

The company is run by an approximately nine-person team combining investment banking, specialist lending, development and portfolio management experience. Director Daniel Benton has overseen £250m+ of UK real estate transactions across the asset lifecycle, while Associate Director Andrew Daniel and Operations Manager Sasha Holland both joined from Recognise Bank, bringing prior commercial real estate lending portfolios. Origination is direct and founder-led, supplemented by an Arc & Co introducer relationship formalised in 2024 and participation at industry events such as the FP Show. The firm has no disclosed technology platform, API surface or AI tooling; its differentiation is articulated as speed, certainty, and disciplined underwriting rather than productised technology.

GRE Capital's revenue model is interest income from bespoke lending facilities, with pricing set per-transaction based on LTV, asset type and borrower profile. The firm reports £200m+ deployed since inception with zero capital losses and full repayment across reviewed case studies, including 100% capital and interest recovery in the Farringdon enforcement scenario. Customer segments include experienced developers, family offices, SME property companies and seasoned property investors, with named borrowers spanning EasyStorage (via E Storage Investments), Riverside Capital, County Hotels/MUI Group, Topaz UK Developments, Medina Capital Investments and HOPP.

Name

GRE CAPITAL MANAGEMENT LIMITED

Legal name

GRE Capital Management Limited

Website

https://grecapital.com

Company type

Private

Founded year

2020

Operating status

Operating

Short description

GRE Capital Management Limited is a London-based private credit lender founded in 2020, providing senior debt, stretched senior, preferred equity and development finance to UK commercial, residential and mixed-use real estate sponsors.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

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

akta.pro primary industry

Real Estate Private Credit (CRE Debt) (FSANADAG)

akta.pro secondary industries

Senior Secured Direct Lending (FSANADAA), CRE Bridge & Transitional Lending (FSALADAC), SME Commercial Real Estate (CRE) Lending (FSABABAG)

Keywords

• Real estate lending
• Senior debt facilities
• Development finance
• Preferred equity
• Structured property finance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Interest Income from Real Estate Lending: GRE Capital generates revenue through interest payments on senior loans, stretch senior facilities, preferred equity, and development finance. Loans are structured with conservative LTV typically ranging from 60-70% on gross development value. Revenue is earned through interest accrual, with some facilities allowing partial interest roll-up during development phases before transitioning to serviced interest.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

GRE Capital provides flexible, asset-backed lending to UK real estate borrowers through senior loans, stretched senior facilities, preferred equity, and development finance. The firm finances the acquisition, refinancing and repositioning of commercial, residential and mixed-use property, supporting the full asset journey from ground-up development through to stabilisation, with conservative leverage typically at 60-70% of loan-to-gross development value.

Product overview

GRE Capital operates as a unified real estate lending platform offering four distinct debt and equity financing products: Senior Debt (first charge lending with conservative leverage), Stretched Senior (enhanced leverage for complex situations), Preferred Equity (structured capital between debt and equity), and Development Finance (tailored funding for ground up and refurbishment projects). The company provides flexible capital for UK real estate across the full asset journey from ground up development through to stabilisation, supporting acquisition, refinancing, and repositioning of commercial, residential and mixed use property.

Differentiator

Problem solved

Functional benefit

Products and services

• Senior Debt First-charge lending with conservative leverage for UK real estate projects, providing flexible capital for acquisition, refinancing, and repositioning of commercial, residential, and mixed-use property. Facilities typically range from £3.1m to £17.3m over 12 to 24-month terms.
• Stretched Senior Enhanced leverage solutions providing additional flexibility beyond standard senior debt, supporting complex transitional real estate projects that require higher loan-to-value ratios to execute their business plans.
• Preferred Equity Structured capital sitting between debt and equity to support complex strategies, providing funding through key planning stages and enabling projects to unlock potential where pure debt is insufficient.
• Development Finance Tailored funding to support ground-up construction and large-scale refurbishment projects, offering capital for land acquisition and planning through to completion. Targeted at sponsors with credible business plans and proven delivery experience.

Quantifiable outcome

• Zero capital losses across lending portfolio since inception
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Arc & CocoreGTM or Marketing Partner · 1 January 2024Partnership with Arc & Co on real estate financing transactions. Arc & Co acts as an introducer and co-structuring partner on deals such as the £2.8m HOPP pickleball/padel facility. Arc & Co Director Tom Berry provided testimonial praising GRE Capital's pragmatic approach and conviction. Second loan completed between GRE Capital and borrower through this partnership.
• EasyStorage (easyGroup)coreOthers · 1 January 2024EasyStorage, operating within the easyGroup, created E Storage Investments Limited as an SPV to establish self storage facilities. GRE Capital provided £3.2m+ facility for Park Royal site. Relationship allows EasyStorage to launch branded self storage sites in supply-constrained markets with bespoke interest roll-up structures during ramp-up phases.
• Knight FrankminorOthersKnight Frank provided independent valuation of £26.9m for the Nationwide Portfolio transaction, underpinning sensible leverage for the £17.34m senior facility.
• Pathway HomesminorOthersEquity support provider for Medina Capital Investments on the Hainault development project. Experienced planning input provided through specialist adviser alongside GRE Capital's lending facility.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Together Money (Together Financial Services): Established UK specialist lender offering bridging, development, buy-to-let and commercial mortgages. Overlaps with GRE Capital in transitional and specialist real estate lending, but at materially larger scale with a regulated banking licence.
• OakNorth Bank: One of the UK's largest challenger banks, providing commercial real estate and bespoke property finance to developers, investors and SMEs. A scaled incumbent in the same UK CRE lending market where GRE Capital operates.
• Octopus Property: UK specialist property finance provider within the Octopus Group, offering development, bridging, refurbishment and buy-to-let lending. Operates across overlapping UK CRE lending segments with institutional backing and broader product suite.
• Shawbrook Bank: UK challenger bank specialising in property finance, commercial lending, and development funding to SMEs and property professionals. Operates in overlapping CRE lending segments but with broader product portfolio and institutional scale.

Direct peers

• Assetz Capital: UK property-secured lending platform offering bridging, development, refurbishment and buy-to-let finance. Comparable as a specialist direct lender to UK property professionals with similar ticket sizes and short-duration product mix.
• Pluto Finance: London-based specialist real estate lender focused on development finance, bridging, and structured equity for UK property projects. Highly comparable in product mix and target developer/sponsor customer base.
• Hope Capital: UK specialist bridging lender providing short-term finance to property developers and investors. Directly comparable on loan terms, ticket sizes, and target customer profile of property professionals requiring rapid, flexible funding.
• Recognise Bank: UK challenger bank providing commercial real estate and SME lending, including development finance and bridging. Two GRE Capital team members previously worked at Recognise, evidencing direct overlap in customer segments and product offering.
• LendInvest: UK specialist real estate lending platform offering bridging, development, buy-to-let and mortgage products. Directly comparable as a tech-enabled direct lender to UK property professionals, similar ticket sizes and target borrower base.
• Market Financial Solutions (MFS): UK specialist bridging and development finance lender, founded 2015, serving residential and commercial property professionals. Comparable in product type (bridging, development), borrower profile and bespoke structuring approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gre-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about GRE CAPITAL MANAGEMENT LIMITED