Case study: SDKA saves Newcastle flat conversion with £2.3m bridge
Original Article Summary
<p>The deal completed in just seven weeks from the initial contact to final drawdown.</p>
PropMatch Curated Analysis
SDKA provided £2.3m bridge financing to rescue a Newcastle flat conversion project after another lender withdrew, completing the deal in 7 weeks with specific terms and demonstrating alternative funding solutions for developers.
Investor Relevance
Shows how bridge lending can save stalled development deals, provides specific pricing benchmarks for alternative finance, and demonstrates the importance of having flexible lender relationships for complex acquisition and development projects.
Original Source:
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