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...

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

The split loan will fund the development of 8 flats and includes a top-up mezzanine loan of £857,000 at 83% LTGDV for 12 months.

The loan was capped at 65% LTGDV and structured over an 18-month term.

The new development is set to provide vital, high-quality student accommodation in the centre of Stoke with excellent amenities.

The senior debt facility was structured with Bruckland Developments and the landowner, acting as a JV, to deliver an efficient funding solution for both parties.

The once derelict Scottish mill is set to become a premier destination for holidaymakers seeking luxury in the Scottish Borders.

The loan will further the development of several properties including a number of barn conversions, one of which is grade-listed.

The loan was provided against an £11.15m gross development value, representing 65% loan-to-GDV.