Avamore Capital provides £4.4m refinance for Essex scheme
Original Article Summary
Avamore Capital has completed a £4.4 million development refinance facility for a residential project in Shoeburyness, Essex. The transaction refinanced short-term debt approaching expiry, allowing the family housing scheme to proceed to construction. The post Avamore Capital provides £4.4m refinance for Essex scheme appeared first on PropertyWire.
PropMatch Curated Analysis
Avamore Capital completed a £4.4m development refinance for an Essex residential scheme, enabling construction to proceed despite tight deadlines and expiring short-term debt.
Investor Relevance
Demonstrates available development finance solutions for residential projects and shows how experienced developers can secure refinancing even under time pressure. Relevant for understanding current lending market conditions and alternative finance options for development projects.
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