Beaufort has completed a £25m senior debt facility to fund the construction of a new multi-unit residential development near Hyde Park in Kensington.
The borrower is a residential developer with an extensive history of constructing some of London’s most well known and sought after residences.
The luxury residential scheme is projected to have a GDV in excess of £50m on completion.
Joe Flaherty of Beaufort Capital said: “We are delighted to have completed this facility with one of London’s leading residential developers, a repeat client with Beaufort. These newly built homes will be a highly sought after rarity in the Kensington area, transforming a 1950’s dilapidated building into a re-imagined street scene, and is great to be a part of.”
