Greater London
Case Studies
Location: Greater London
Asset Class: Co-living / Sui Generis
Loan Type: 5 Year Term Loan
Loan Size: £7M
Year: 2021
space
North London PRS scheme comprising 21 apartments configured as 101 co-living rooms. Property was let to a local housing association on a short-term license.
Following completion of a comprehensive refurbishment programme, the client required a 5-year investment facility to refinance a bridging loan used to acquire and refurbish the property.
WR Capital successfully arranged a £7M loan facility, on a 5-year loan term, with a leading UK Challenger Bank.