A fantastic start to the month for the Arc & Co. team with the completion of a £9.26M development loan.
Development Loan Breakdown:
· 92% Loan to Cost
· Blended rate of 8.3%
· 14 luxury apartments on edge of London
Quote from Client
“It was great to work again with Arc & Co. on getting the right finance to enable us to complete on time on another fantastic site, fitting our growth ambitions for this year. This site has really generous floor sizes which we will make the most of using the high specifications that we have successfully used on our previous developments”
Chris Lynch, Director of Kentish Projects.
Quote from Jeremy Robinson
“This is a fantastic scheme by a very experienced developer who delivers great product. It was a pleasure putting together a structured package that enabled the clients to make the most of their equity contribution”
For any further information, please contact:
Jeremy Robinson
Asset Finance Adviser
T: +44 (0) 20 3205 2199
Read this on Property Week and Development Finance Today