Development Exit
Facility

5 new build residential apartments

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Loan Amount

£1.5 million

structure

SPV

GDV

£xx

asset class

Residential

This developer had used their own funds to build 5 new residential apartments. Prior to the sale of these properties, they had identified a new development opportunity and needed liquidity to start the scheme.

Sirius were able to secure a low rate development exit loan on the client’s current development at 60% leverage in just 6 weeks, including a re-inspection.

Advisor

RICHARD STOCK
SENIOR ASSOCIATE

0208 092 4413
0208 092 4413
richard.stock@siriusfinance.co.uk

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

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