The deal was introduced via Amy Griffiths, director at Colliers.

The property is on South Audley Street in the London borough of the City of Westminster.

The Grade II listed property was originally built in 1736and is set over lower ground, ground, and four upper floors, encompassing 10,707sq.ft. currently arranged as two residential apartments and office space.

The funding will support the purchase of the freehold title, and during the loan term, the sponsor aims to secure planning and listed building consents to transform the property into a prime residential scheme.

•   The Finance Professional Show 2023: The Video
•   In conversation with CapitalRise's Imogen Williams
•   Capitalrise and Arc & Co. complete £6.5m development loan for luxury dwelling in Mayfair

Katy Katani, director at CapitalRise, said: “It was an absolute pleasure to work with Amy Griffiths and Freddie Dunger from Colliers, and to be able to support such an internationally renowned sponsor.

“The South Audley Street property is an exceptionally rare asset in one of the most sought-after areas of London.”

Commenting on the deal Amy, said: “CapitalRise displayed their specialist expertise and understanding of prime luxury residential accommodation to support our client. 

“It was a real pleasure to work with Katy Katani and her team who were able to collaborate through numerous challenges to complete the financing in a timely manner. We look forward to working on further transactions in the future.”