Project Location: West Sussex
Project GDV: In excess of £2.1 million
Mezzanine Funding Facility: £264,000
Funding Security: Second charge with an agreed Deed of Priority
Facility Period: 15 months
Situated in the West Sussex, this small development of high quality homes have been designed by our experienced developer client to provide excellent family accommodation within an easy walk of the town centre.
Finished with traditional style elevations and a specification that included contemporary German made kitchens with SMEG appliances, integrated dishwashers, and washer/dryers; together with stylish en-suite and family bathrooms.
There are also extra touches that provides the lucky home owners with additional small features that really reflect the developers eye for detail, namely; lovely large Porcelanosa porcelain floor tiles in the kitchens and bathrooms, chrome door furniture, CAT5e data points to the living room and master bedroom suites and quality rustic front boundary fencing.
This attention to detail by the developer has duly paid dividends with all the units quickly sold off-plan or shortly after practical completion. Calmez supported the developer through mezzanine funding of £264,000 over a 15 month term.
CALMEZ offers developer loans and developer funding in the form of mezzanine funding to property developers and builders with proven track records and whom meet the lending requirements of both our prime lender as well as our own. For more information then please contact us here or by calling 0207 096 1900.