Purpose-Built Student Accommodation



Refurbishment of a 600-bed PBSA scheme in Canterbury
15-month development facility to fund the refinance and refurbishment of a 600-bed PBSA scheme in Canterbury.
We have provided a £32.7m loan to MCR Property Group for the refinance and refurbishment of Parham Student Village, a 600-bed PBSA block in Canterbury, Kent. Our team delivered on our clients’ need for efficiency on this deal, with a transaction time of only 19 days. Excellent communication and collaboration between all teams made this possible the loan, structured over a 15-month term enables the refurbishment of an existing student asset, with operational plans already in place with Flow Student, MCR’s student operator, running the site.
Gross Loan
£32.7m
Term
15 months
LTV
65%
Units Created
600
Exit Method
Refinance
We specialise in providing tailored loan solutions for professional residential property developers. We offer choice and value, including variable and fixed rate options up to 70% LTGDV on loans between £3m to £40m. Our team of property professionals are expert in structuring the right finance solutions for your project – whether you have land with planning, are undertaking a permitted development, or are converting an existing building.
Read moreWe have extensive experience in providing finance solutions for care home developers and operators. Our facilities are structured to support every stage of your care home development project, from acquisition, development and stabilisation of the asset.
Read moreWe recognise the importance of fast decisions and approvals for short-term financing requirements that will enable you to act quickly. As a specialist lender, our team of lawyers, surveyors, and credit experts can craft custom and transparent lending solutions for property acquisition, planning gain, and developer exit. You also have the benefit of being able to leverage our development finance expertise for longer-term finance requirements.
Read moreWe specialise in providing lending solutions that can be customised to meet the unique needs and requirements of build-to-rent projects. We offer competitive variable and fixed rate options and terms, which will ensure optimisation of the project's financial performance and return on investment.
Read moreWe work with professional developers of PBSA schemes across the UK, providing customised finance facilities that align with the unique requirements of PBSA development and support build programmes to meet academic intake dates.
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