Case study: Paragon completes £8m funding package for Loughborough PBSA scheme
Original Article Summary
<p>The development is expected to achieve a gross development value of £12.2 million.</p>
PropMatch Curated Analysis
Paragon Bank provided £8m funding to Six Degrees for a 100-bed PBSA scheme in Loughborough, demonstrating continued lender confidence in student accommodation with strong fundamentals including 19,000+ student population.
Investor Relevance
Shows active funding availability for PBSA projects and provides benchmarking data for development costs and returns. Demonstrates lender appetite for student accommodation in strong university towns, relevant for developers considering similar projects or seeking refinancing.
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