This announcement means that Maslow has provided over £200m in funding to developers so far this year.

The funding from Maslow will enable over 680 new homes to be delivered.

The Sheffield and Manchester developments comprise over 158,000 sq ft of new residential accommodation and 7,000 sq ft of new retail space.

Work has started on the Manchester project, while the Sheffield scheme is set to commence during the second half of this year.

•   Maslow Capital enables £70m of new development
•   Maslow Capital completes four major development deals
•   New development finance lender provides £2m to SME developers

Ellis Sher, co-founder of Maslow Capital (pictured above), said that the growing demand it saw for its loan facilities this year was encouraging both for the business and the sector more widely.

“The combination of our specialist development knowledge, balance-sheet strength and structured credit facilities continues to resonate with our clients.

“These deals reflect the continuing opportunities we see across the UK’s major cities in the North of England, which we expect to be sustained through the second half of 2018.”