Quintain's Build to Let estate rebadged as 'Quintain Living'

The initial 'revolutionary' marketing strategy.

Quintain, the major developer of Wembley Park, has announced that from October 5th its Build to Rent properties will be marketed as Quintain Living, rather than  Tipi.

Its image thus moves more towards selling a life style rather than independence from dodgy private landlords.

The life style approach can be seen here:

At the same time Quintain announced the appointment of a new chief operating officer for their estate. She is Danielle Bayless who is the vice president of operations for California based Essex Property Trust which has 23,000 properties.

In a further and perhaps relevant development reliable sources have told Wembley Matters that the new properties at Brent House in Wembley High Road appear to be unoccupied.  Just up the road are the many properties in the 'Twin Towers' which the developer is attempting to market under the friendly sounding 'Uncle' name.

Quintain secures £36m investment loan on its ALTO development

From Quintain
 
Quintain has successfully secured a £36m, five year investment loan from TH Real Estate on its second build to rent development, Alto, at Wembley Park.

The refinancing allows Quintain to accelerate the development of the Wembley Park Masterplan and look ahead to the delivery of further build-to-rent buildings in 2018 and beyond.

Jason Rodrigues, Vice President of Debt Strategies at TH Real Estate said:

TH Real Estate recognises the long-term fundamentals driving the growth in the build-to-rent sector and is delighted to support Quintain and its best-in-class Tipi platform with the financing of this attractive, modern scheme.

Michael Jenkins, Finance Director at Quintain said: 

This financing represents an important milestone for Quintain and Tipi, marking the completion and leasing of our second build to rent development. The deal is a clear indicator of the confidence that lenders have in Quintain and our ability in the sector. We are building rental homes faster than any other developer and transforming Wembley Park into a world class destination for Londoners to live, work and visit.

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TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), is one of the largest real estate investment managers in the world with $109bn in AUM as at 31 December 2017. Managing a suite of funds and mandates spanning both debt and equity across diverse geographies, sectors, investment styles and vehicle types, we provide access to every aspect of real estate investing.