Selected case study

Excellion extended a £770,000 mezzanine loan, secured via a second charge against a residential development in London comprising 9 apartments
Project had previously been funded with senior debt only
Equity release: this transaction has enabled the borrower to release equity to fund works on another group asset
Asset located in Rotherhithe Road, close to Surrey Quays
Development is fully permitted with detailed planning in place and at disbursement construction was already underway
Asset is being developed by a substantial real estate development group with a focus on residential properties in London
Alternative way of presenting instead of bullet points:Excellion extended a £770,000 mezzanine loan to a real estate development group with residential properties across London. The loan was secured via a second charge against a residential development located on Rotherhithe Road, close to Surrey Quays in London and comprising 9 apartments. The project had previously been funded with senior debt only.This transaction enabled the borrower to release equity to fund improvement works on another property. That development is fully permitted with detailed planning in place and at disbursement construction was already underway.