Located at 30 Old Street, the development features six apartments, two penthouses and a commercial unit on the ground floor.
Matt Smith, Director of Risk at Dragonfly Property Finance, said: “30 Old Street really is something else.
“As an ultra-exclusive development in the heart of one of the most sought-after areas [in] the city of London, we were delighted to be able to help bring it together.
“We expect demand for both the residential and commercial units to be very high.”
30 Old street was presented to invited guests at a launch event on 30th June.
Dragonfly provided developer MHA with loans for both the acquisition of the land and the development itself.
The gross development value of the property is just over £15m.
Hossein Abedinzadeh, Founder of MHA, added: “Dragonfly have supported us throughout the development of 30 Old Street, from the initial acquisition of the land through to the actual development.
“Knowing that you have a lender of such calibre behind you, with their expertise and understanding of the London market, is very reassuring.
“We look forward to working with them on many other projects in the future.”
Earlier this month Dragonfly celebrated reaching £2bn of lending since its launch in 2009.
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