InterBay Commercial has been bought by the 5D Group. It will be merged with commercial mortgage lender 5D and re-launched under the InterBay Commercial name.
Colin Bell, CEO of InterBay Commercial, said: “It is with great delight that I am able to announce an exciting new chapter for InterBay Commercial in the UK. Since our launch in 2006 we have experienced an amazing growth trajectory. We have created a great team, a strong brand and originated a portfolio of loans which are outperforming the market. It is testament to these achievements that we have been able to attract a new UK parent and provide a secure future.
Whilst 5D and Interbay are not currently lending this is very welcome news, for further commercial mortgage information please follow the link or call 0800 3161612