Puma partners with Madison to increase real estate loans

Puma Property Finance, a subsidiary of Puma Capital Group, has partnered with New York-based real estate private equity firm Madison International Realty.

Puma Property Finance

Madison has purchased a 24.5% stake in Puma and committed substantial funding to launch Puma's new institutional credit funds.
This partnership expands Puma's existing £500 mln (€593 mln) funding platform, aiming to solidify its position as a top UK development and stabilisation finance provider.
With Madison's investment, Puma will increase its maximum loan size from £50  mln (€59 mln) to £100 mln (€119 mln), offer standalone stabilisation loans, and further develop its team and lending products.
This builds on Puma's existing track record of supporting over £2.5 bn (€2.9 bn) in UK developments across various asset classes.
Madison’s managing director and head of the Growth Platform Investment Strategy, Mo Saraiya, will also join Puma's board.
David Kaye, founder and CEO of the Puma Capital Group, commented: “This important partnership from a highly respected institutional investor reflects and endorses our strong track record and the excellent team we have built at Puma. We have thoroughly enjoyed getting to know the team at Madison and believe they share the values and ambition of our Group. We are confident that they will add significant value and expertise, and we are very much looking forward to working with them.”
Paul Frost, managing director, Puma Property Finance, added: “This partnership marks a significant milestone for our business, allowing us to access substantial additional capital at attractive pricing and providing us with the firepower to launch our first discretionary institutional debt fund. Crucially, it means we can do even more to support UK developers at a time when demand for our lending solutions is high.”
Mo Saraiya, managing director, Madison International Realty, commented: "Our investment in Puma is the latest in our strategy of providing liquidity solutions and growth capital to strong management teams through a bespoke combination of property and entity-level investment. We believe the unmet demand for development financing in the U.K. puts specialist, flexible lenders like Puma in a strong position to support the best borrowers delivering high-quality, sustainable projects in sectors with strong fundamentals.”