Blue Shield Capital Closes £16.7 Million Loan for Central London residential block

Another deal closed by Blue Shield Capital!

We’re pleased to announce the successful completion of a £16.7m development exit loan secured against a newly built high-end residential block in London.

This 12-month facility, structured at 72% LTV, allows our borrower to pay off their development loan on a newly completed, high amenity 22 apartment residential block in Nine Elms, London. In addition, the majority of the commercial has been pre-let to a well-established kindergarten operator. This loan will allow our borrower the time to execute his business plan of selling the apartments and the commercial.

We have had a busy summer closing loans and watch this space for more loan completion announcements over the coming days.