London:
  • Asset:

    Nottingham Student Accommodation

  • Loan Amount:

    £11m

  • Year:

    2020

  • Client:

    Private Developer

  • Our client purchased a 2.2-acre site in Nottingham, with planning permission for a 193,000 sq ft block totaling 703 student beds.
  • We were engaged to secure a bridge facility to fund the completion of the acquisition and the initial stage of demolition and enabling works for the site.
  • Speed to market was extremely important here and we were able to close the loan within 2 weeks of being instructed.