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South London Residential Development Exit

LOAN SIZE
£13.0m
TERM
15 Months

Asset and Situation Overview

  • New-build, 24 high quality new build residential apartments located in Denmark Hill, South London
  • The 24 units that form our security are seven two-beds units that average 976 Sqft NIA, and 17 three-beds that average 991 Sqft NIA. Total NIA for the units is 23,639 Sqft
  • The borrower is an experienced developer in the area, with a number of successful schemes, including ‘eco housing’ developments

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