Despite a surge in completions, the sector remains under threat from contracting construction output caused by ongoing cost issues.
Related topic: BTR
The bank provided a £16.3m residential development facility for the project, across a 15-month term.
22,000 homes have been delivered over the previous 12 months, according to new analysis from the BPF and Savills
The 234-bed Build to Rent project at Hollis Croft, Sheffield comprises one and two-bedroom, plus studio apartments.
Surrey-based housebuilder, Berkely, has announced that it will launch a Build to Rent platform “to maximise returns in today’s market conditions.”
Single family housing accounted for over 40% of total BTR investment during 2023, according to recently released data from Knight Frank.
Build to Rent now accounts for its highest-ever market share of private rental stock.
This is the second loan that Gresham House has agreed with Leumi, after previously agreeing a facility to support the 229-unit Ironworks BTR development in Sheffield.
Paul Staley, managing director of Wise Living, looks back on 2023 while sharing his predictions of how 2024 could unfold.
Despite sharp increases in build and financing costs, the UK's Build-to-Rent sector has seen year-on-year growth of 11% over the past 12 months, according to new analysis.
Financial Reporter
Protection Reporter
Modern Lender
While this website is checked for accuracy, Barcadia Media Limited are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances.
Barcadia Media Ltd, 14 Edward Street, Blackpool, Lancashire , FY1 1BA. Data Protection Notification No: Z162 1548.