The PBSA building comprises 196 studios and achieved 100% occupancy immediately after opening.

The new home will measure approximately 4,000 sq ft and replace a 1940s prefabricated property.

The £5.5m commercial facility was arranged at 33% LTV.

Part of the funding will support a hotel transitioning from a long-running contract back to standard commercial operations.

Leumi UK provided £26.3m across two senior term loan facilities to support acquisitions in Huddersfield and Sale.

The lender moved from initial enquiry to completion in three weeks without requiring assets under management to support the loan.

The loan was agreed at 59% LTV on assets valued at £8.65m.

The facility runs for 24 months, providing short-term flexibility for the borrower.

The loan was structured at a 75% LTV, despite the property being vacant at the time of purchase.

Plans include a 1,700 sq ft private terrace, a feature increasingly used to support rental premiums in the West End.