Dragonfly Property Finance has completed 10 development loans with a gross development value (GDV) of over £66m since the start of the year.
The projects included a luxury apartment scheme in Ealing and a 48-unit student scheme in Worcester.
The short and medium-term lender funded the loans up to 70% GDV and up to 85% of net costs.
Matt Smith, Director of Risk, Dragonfly Property Finance, said: “The growing imbalance between supply and demand has created a market opportunity that property developers around the country are taking up in ever greater numbers.
“The strength and depth of our funding lines means we are able to help them achieve their goals.
“Not only is our appetite for this area of the market huge, but the development proposition we have invested in over the past five years now enables us to lend rapidly and at scale.
Dragonfly worked with London-based law firm Weightmans on all 10 loans.
William Sharpe, Partner at Weightmans, said: “Dragonfly are well known as a force within specialist property finance but it’s their forensic knowledge of the legal requirements that come with development projects that enables them to complete on these loans in such short timeframes.
“We look forward to working with them closely on many more deals in 2016 and beyond."
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