Once completed, the property will have a GDV in excess of £50m.
The borrower, which has not been named, has an extensive history of constructing sought-after residences in London according to Beaufort.
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“We are delighted to have completed this facility with one of London’s leading residential developers, a repeat client with Beaufort,” said the firm’s director, Joe Flaherty.
“These newly built homes will be a highly sought after rarity in the Kensington area, transforming a 1950’s dilapidated building into a re-imagined street scene, and is great to be a part of.
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