Property Development Finance - Case Study

£18 million residential property development finance for 90% of total costs (including soft costs and interest roll-up)

This experienced developer required 90% finance for the construction of 115 apartments and ground floor retail speculative scheme in this prestigious South Coast location. The project returned 20% profit on cost. We were able to arrange the development finance through a lender who provided 90% funding in exchange for 12% share of the projected profit (expressed as an exit fee of 2% of GDV).

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