J3 Advisory was mandated to arrange development debt on a site in the South Coast of England. The facility was to be used to initially acquire the site before then developing 148 units spread over 3 blocks, with accompanying commercial on the ground floor.
We arranged a combined senior and junior debt facility of c.£38m over 22 months.
The transaction was time-sensitive, meaning all parties had to move quickly to conclude the transaction needs some revision.