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United Trust Bank completes £6.35m structured refinance for South West BTR scheme
Summary by theintermediary.co.uk
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United Trust Bank completes £6.35m structured refinance for South West BTR scheme
United Trust Bank (UTB) Structured Property Finance has completed a £6.35m structured refinance and developer exit facility for build-to-rent (BTR) operator Refresh Living, secured against an £8.5m development in the South West. The funding was introduced by Julian King of BlueHorizon on behalf of Refresh Living, which was nearing completion of a 40-apartment BTR scheme across three blocks in Weston-super-Mare. One block had already been complet…
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