When a bridging lender dropped a developer’s advanced refinance plans out of the blue, Aspen stepped in to rescue the project with a £1,424,500 Residential loan which it...

The purpose of Avamore's latest loan is to refinance the existing lender and provide 100% of the development costs for the scheme.

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

Specialist bridge lender Hilco Real Estate Finance has completed its fourth lending transaction in the last few weeks.

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 refinance was completed within four working days of credit approval and has unlocked surplus funds allowing the client to develop further.

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.

The £17.1m loan enabled Hilco's client to release capital from a mixed development of high-quality apartments and a commercial unit in the capital.