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Asset:
Nottingham Student Accommodation
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Loan Amount:
£11m
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Year:
2020
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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.
