V&F Homes Refinances Affordable Homes Portfolio with Help from Bespoke Loan Facility Aug 30, 2023 A portfolio of 34 properties in East Anglia made up of shared ownership and affordable rental homes, purpose built to help first-time buyers get on the housing ladder, has received a bespoke investment facility to fund further growth. V&F Homes, a registered provider of social housing, purchased the new-build homes from various developers to help […] Posted by: Mya Driver Read more
Derby University’s Urban Revamp: Nuns Street to Witness Major Transformation Aug 25, 2023 Derby University is spearheading a significant urban redevelopment project, with Nuns Street at the heart of this transformation. The long-standing Brook House, which has been vacant for over a year, has received clearance for demolition, marking the beginning of the university’s expansive rejuvenation plan. The project’s overarching vision encompasses the creation of cutting-edge learning facilities, […] Posted by: Mya Driver Read more
Gloucester City Homes strikes £130m funding deal Aug 24, 2023 A £130m finance package has been agreed by GCH with Natwest, which includes £30m in new funding. The deal significantly extends the level of commitment from NatWest, in terms of both loan maturity and funding amount, extending £100m in existing loans for 10 years. The additional £30m commitment will allow GCH to continue delivering important […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
New JV for Urban Splash and Glenbrook – as the pair plan a new green neighbourhood in Milton Keynes Aug 7, 2023 Award-winning regeneration company Urban Splash and Manchester-based developer Glenbrook have formed a new joint venture partnership to deliver new homes in Milton Keynes. The North-West based pair will commence their partnership with the initial phase at Campbell Park in Milton Keynes, for which a planning application has been submitted today. Urban Splash was appointed as […] Posted by: Mya Driver Read more
Larkvale Turns Old Petrol Station Into Nine Luxury Homes Aug 4, 2023 The former home of an old petrol station has been rejuvenated into a new luxury property development in Suffolk, financed by Secure Trust Bank (STB) Real Estate Finance with a £2m property development loan. Situated in the picturesque village of Cockfield, Scotts Way (formerly a brownfield site) is now home to nine new-build properties valued […] Posted by: Mya Driver Read more
Paragon Bank Grants £5.4m Financing for Elan Apartments Development Project Aug 3, 2023 Paragon Bank’s development finance division has granted a £5.4 million finance package to support the Elan Apartments development, a part of Inland Homes’ Cheshunt Lakeside project. The deal was spearheaded by Simon Dekker, senior relationship director, with assistance from senior portfolio manager Craig Seaborne and junior portfolio manager Izzy Sargeant. The Elan Apartments, located in […] Posted by: Mya Driver Read more
Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Jul 31, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
Simply Care Group secures £40m funding deal Jul 18, 2023 Simply Care Group UK (“Simply UK”), a specialist developer and operator of care homes, has completed a forward funding deal for two flagship assets in Bury St Edmunds and Dublin for a combined sum of £40m (€46.8m), equating to a net deal yield of 5.2%. The two sites, which are currently under construction, will be […] Posted by: Mya Driver Read more
Trebor and Hillwood acquire major industrial site in Ipswich Jul 5, 2023 Trebor Developments and Hillwood have acquired 8 acres of commercial development land from Ipswich Borough Council at Eastern Gateway, Ipswich. Prior to acquiring the site, Trebor secured detailed planning consent in 2022 for a five unit industrial and logistics scheme, ranging in size from 12,905 to 52,250 sq ft. The units will be built speculatively, […] Posted by: Mya Driver Read more
