In 2020, Alpha Bank London provided a tailored development exit facility to refinance a landmark residential scheme in London - a project that delivered 54 contemporary apartments designed for modern urban living.
The £10.9 million facility, structured at a Loan-to-GDV of 55%, was designed to ensure a smooth transition from development finance into a longer-term position, offering stability and flexibility at a critical stage. The transaction involved an offshore ownership structure and multiple stakeholders, underscoring the complexity and bespoke nature of the solution.
The apartments themselves combined elegant architecture with functional design, complemented by landscaped communal spaces and excellent connectivity to local amenities. Positioned in a vibrant city setting, the development was conceived to deliver both comfort and convenience for residents.
By stepping in at this pivotal moment, Alpha Bank London helped secure the successful completion and stabilisation of a significant residential project - reinforcing our commitment to supporting clients through every phase of the property lifecycle.
