Structured

Joint Venture
Development

Development consisting of seven apartments and seven houses in Middlesex

Loan Amount

£3.15 million

structure

Joint Venture Equity
Stretch Senior

asset class

Residential

Sirius was approached by a developer looking to fund the acquisition and development of scheme comprised of 7 apartments and 7 houses. The site was to be acquired through acquisition thus presenting a tight 6 week deadline for the purchase for which we were able to meet. The oversees client had limited experience but Sirius secured 11% of the funding via a credible Joint Venture partner and the remainder via a reputable specialist lender providing 100% of the total costs.

Advisor

MANOJ CHITRODA
SENIOR ASSOCIATE

0208 092 4411
07958 335 781
manoj.chitroda@siriusfinance.co.uk

Manoj Manoj Chitroda Senior Associate, Structured Finance contact details 0208 092 4411
07958 335 781
manoj.chitroda@siriusfinance.co.uk Manoj came on board in 2017, having previously held advisory roles at SPF Private Client and Santander Corporate Bank, as well as being a founding member of Weslley Finance. Since joining, Manoj has delivered an exceptional volume of development, bridging and commercial term loans for Sirius clients. Notable deals including a 328-unit student accommodation scheme, substantial care home development and multiple large equity developments.
During his 16 years in property, Manoj, a firm believer that knowledge is power, has achieved CeMAP, CeCM and BSE hons qualifications - providing him with a solid base from which to advise clients.
He is passionate about relationship building but equally as devout to being time efficient and this is a combination that sees clients return time and time again to utilise Manoj’s expertise.

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

Contact

Sirius Property Finance

T_ 020 8092 4444
E_ info@siriusfinance.co.uk

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Sirius Property Finance Group LTD is an Appointed Representative of Bright Star Financial Limited. Our Financial Services Register number is 813945. Bright Star Financial Limited is authorised and regulated by the Financial Conduct Authority. Their Financial Services Register number is 712700. You can check this on the Financial Services Register by visiting the FCA's website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768. Sirius Property Finance Group. Registered office: 7 Woodbrook Crescent, Billericay, Essex, CM12 0EQ. Registered in England and Wales. Company no: 10132820

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