Despite complexities, the borrower was able to refinance their existing facility, secure additional funds for future projects, and focus on marketing the remaining properties.

The project involved the acquisition and modernisation of 16 flats, with plans to create two additional units upon securing planning permission.

First developed in the early 20th Century, the exclusive Wentworth Estate is one of Europe’s most distinguished residential enclaves, centred around the Wentworth Golf and...

With two new funding lines announced in November, Mera Investment Management expects to deploy £100m within the next 12 months.

The deal was led on behalf of Paragon Bank Development Finance by Relationship Director Karl Kent, with support from Senior Portfolio Manager Shannon Altimas.

The €11.1m loan was completed six weeks from signing and was priced at 1% PCM.

UTB is providing c.£6m of senior debt to fund the development with Iron Bridge providing a further c.£1m of mezzanine finance.

ASG Finance has announced the successful completion of a £1.7 million bespoke commercial bridging loan for a venue located on the River Thames.

The borrower owns a chain of quality hotels in the capital and needed to refinance their existing arrangements.

The £3.93 million funding will support the creation of five pre-let retail units in Faverdale, Darlington.