We are pleased to announce a mezzanine facility to a highly experienced local developer for a new build development in Bristol.
The scheme provides 26 new-build apartments with a mix of 1 and 2 bed units and has an expected GDV in excess of £6.0 million.
The facility provides part of the capital requirement for the development in the Bedminster suburb of Bristol, approximately one mile to the south of the city centre. The immediate area is subject to substantial regeneration proposals. Shawbrook Bank are providing the senior debt facility.
Special thanks to Chris Oatway of LDN Finance for bringing the deal to us.