The £6.5m development exit bridge was provided to several experienced developers, enabling the redemption of the development lender and freeing up equity in a capital raise to...
The bridging deal with InterBay through SPF Private Clients took 3 weeks from enquiry to completion for a 12-month term bridge, although the client expects to exit onto term within 6...
Mortimer Street Capital has arranged a £4.1m development exit bridging facility for a client who had recently built a 22-unit scheme in a gated development in Surrey.
The specialist property finance marketplace has announced that it has expanded its lender panel to include over 100 lenders and secured its first exclusive rate.
Aspen finalised a rapid £1,650,000 Development Exit bridge at 80% LTV when an experienced developer required a quick release of equity after a proposed sale fell through at the...