The facility considered a mix of ASTs and corporate leases in structuring the loan.

The loan was completed in four weeks from enquiry to completion.

The bridging facility carries a 12-month term to allow the owner time to achieve optimal sale value.

The £2.5 million facility supported the transfer of eight self-contained flats into a special purpose vehicle.

The Brighton office will target an EPC A rating and BREEAM Excellent certification.

Three apartments in the Bath scheme have already been sold off-plan ahead of completion.

The office building has achieved 33% occupancy with Revolut securing four floors on a 10-year lease.

The loan facility will support the borrower’s ongoing asset management ambitions.

The new development includes 18 flats and three houses.

OakNorth and Broadwood have completed over £70m in senior back leverage transactions to date.