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Redcliffe | Bristol

Loan type

Development Finance

Loan Amount

£

5,742,971

Term Length

18

Months

LTP

56%

LTC

86%

LTGDV

65%

Purpose

To assist with the acquisition of the property, and to finance the redevelopment creating ground floor office space and 45x cluster beds for students.

Exit

Refinancing.

Loan Strengths

  • Well located near the University of Bristol campus
  • Shortage and high demand for quality PBSA
  • Strong counterparty well known to Zorin

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