£2m development finance backs 16-unit assisted living scheme in Surrey
Original Article Summary
<p>Pallas Capital has completed a £2m development finance facility for a 16-unit assisted living scheme in Wallington, supporting a residential developer entering the specialist care sector for the first time.</p>
PropMatch Curated Analysis
Pallas Capital funded a £2m assisted living development in Surrey at 65% LTGDV, demonstrating how experienced residential developers can access finance for this growing demographic-driven sector.
Investor Relevance
Shows financing availability and structure for assisted living developments, highlighting a growing niche with strong demographic tailwinds and undersupply that could offer diversification opportunities for experienced developers
Original Source:
Property ReporterStay Updated
Subscribe to our weekly briefings for curated property news and insights