Case study: UTB backs Heathrow build-to-rent refinancing with £35m loan
Original Article Summary
<p>United Trust Bank has provided a £35m build-to-rent refinancing facility for a £56m Heathrow office-to-residential conversion scheme.</p>
PropMatch Curated Analysis
UTB provided a £35m refinancing facility for a 169-apartment BTR development near Heathrow, demonstrating structured lending appetite for stabilising newly-completed rental developments.
Investor Relevance
Shows available refinancing options for BTR projects transitioning from development to operations, provides market benchmarking for loan terms and LTV ratios, and demonstrates lender appetite for this asset class.
Original Source:
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