248 unit residential development in Birmingham

Loan Amount

£24.96 million


Senior Mezzanine

asset class

Private Rental Scheme

This long term client of Sirius required a stretched development facility for their latest project, the acquisition and development of a 248 multi unit residential scheme in Birmingham. Due to the complexity of the scheme, Sirius negotiated a syndicated senior facility between two lenders and also introduced two mezzanine lenders in order to secure the required funds at over 90% LTC. Sirius also pre agreed a take out facility with the same senior lender once the property had been developed and let.


Nick Christofi NICHOLAS CHRISTOFI Managing Director contact details 0208 092 4401
07729 283 204
In 2015, Nicholas secured backing from industry giants Brightstar to co-found the boutique debt advisory, Sirius Property Finance.  Since then, he has originated more than £750m of debt and continues to achieve the unachievable for some of the most complex real estate finance deals in the development and commercial markets. He is respected by his team, lenders and borrowers alike though his drive to ensure the optimum outcome for all.

With Nick at the helm, Sirius is achieving an impressive rate of deal origination and growth, fast establishing itself as one of the most exciting young advisory firms in the industry. His passion, expertise and drive continue to attract some of the industry’s most experienced and reputable debt advisors who are keen to work alongside him to support Sirius’ exciting growth plans. He is also steadily becoming an established thought leader, frequently featured in industry publications, award panels and round tables, well known for given a frank view on raising industry standards.

To discuss an opportunity with our team please get in touch.