Residential Development
Key Information
Loan Amount
£5,900,000
Investment type
Residential Development
Asset Class
Residential
Location
Hertfordshire
Borrower
Offshore Trust
Acting on behalf of an existing client with a complex offshore trust structure.
We arranged a highly leveraged loan to support the acquisition and fund 100% of build costs for this development located in a popular and desirable commuter town.
The project involved the repurposing of a former department store into 27 high-end residential apartments, with 11,000sqft of commercial space on the ground floor.
