Ellis Sher

Maslow Capital enables £70m of new development

Maslow Capital has completed four new loan facilities which will enable £70m of new development to move forward.

The projects include major new developments in the residential and purpose-built student accommodation sectors and increases the GDV of developments financed by Maslow to more than £220m in 2018 so far.

Overall, the projects will deliver more than 214,000 sq ft of new accommodation, including 118 new homes and 326 student beds.

The specialist provider of real estate finance has seen considerable growth in demand and appetite for its senior debt and stretch senior debt products, with its team accelerating both the number of facilities into 2018 and broadening its scope across UK real estate asset classes.

Ellis Sher, co-founder of Maslow Capital (pictured above), felt that 2018 was shaping up to be an exciting year for Maslow and it was seeing substantial growth in demand for its loan products from a range of developers and intermediaries.

“Our ability to interpret our clients’ needs, identify the right funding solution and execute the facility quickly and rigorously provides us with a real competitive advantage. 

“We are delighted that clients continue to find the combination of our development sector knowledge and speed to market so compelling, and we are looking forward to expanding our lending portfolio as we move into the second quarter.”

Maslow has to date enabled developers to realise projects with a collective GDV in excess of £1.6bn.

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