
investment
Heavy refurbishment of 210 unit student housing
loan amount £8,500,000
gearing 75% LTV
structure Investment
asset class Student
A Newcastle student housing scheme demanded a blend of development and investment finance. The loan facilitated the stabilisation of rental income for the developer, concurrently releasing funds for necessary improvement works. This debt structure not only allowed the borrower to maximise income potential but also provided the essential cash flow to redevelop and enhance the asset value.