Ellis Sher

Maslow Capital completes £26.4m loan for Manchester apartment scheme

Maslow Capital has completed on a £26.4m loan for the development of 142 serviced apartments and five ‘super suite’ residential apartments in Salford, Manchester.

The scheme will be operated by the borrower’s serviced apartment brand.

The five residential apartments will have an average size of 2,815 sq ft.

Residents will benefit from a 24-hour concierge service, as well as a swimming pool, spa, resident’s events, and meeting and amenity space.

Ellis Sher, co-founder and CEO at Maslow Capital (pictured above), said: “We were delighted to assist our client in the delivery of their serviced apartment scheme. 

“This is a sector, along with hotels, that we are focused on and where we have a number of new schemes coming to market later this year.”

The GDV of the development totals £53.9m.

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