Located in the South of England, the scheme comprises a mix of bungalows, apartments and townhouses.

The scheme will include a restaurant, cafe, cinema and gardens.

This facility will allow the borrower to refinance 59 remaining homes and progress unit-by-unit sales to private buyers.

The transaction was introduced by Adam Brews, head of capital advisory at Vandermolen Real Estate.

“The transaction required a structured approach and confidence in the borrower’s sales strategy,” said Tim Mycock, lending director at HTB (pictured above).

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“With an existing relationship in place and a clear understanding of the asset, we were able to move efficiently and deliver a facility that supported the next stage.

“Completing the facility within four weeks of the offer reflected the strength of the borrower’s strategy and the way both sides approached the deal.

Adam added: “It’s a great example of what can be achieved when experience, trust and teamwork come together.

“Deals like this don’t happen by accident; they require conviction, collaboration and sharp execution.”