The event will be held on 27th of January at 1pm — people interested can register here.
The property developers, investors and brokers in attendance will get an exclusive insight into the lender’s recently completed case — a £1.96m loan to Provident Homes’ landmark project, The Factory — a £3.3m GDV residential development in Wellingborough, Northamptonshire.
The project — which has received the first tranche of the total funding from 107 investors in December 2020 — will see the conversion of a former shoe factory into 24 residential units, comprising of a mix of one- and two-bedroom apartments.
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Daniel Netzer, lending manager at Blend Network (pictured above), and Fahd Khan, director and co-founder at Provident Homes, will take attendees through the nuts and bolts of this deal, and discuss how the commercial-to-residential conversion came to life.
They will also share how Provident Homes worked with Blend Network against the clock to secure finance for this deal.
Daniel said: “We are thrilled to unveil the details of how we agreed funding for this major project and now invite other property developers, investors and brokers to tune into this exclusive discussion, where we’ll be sharing loads of anecdotes on how we made this deal happen.”
Fahd added: “This loan will allow us to convert this neglected Victorian treasure into much-needed accommodation within Northamptonshire.
“As a developer, we are experienced in a variety of investment strategies and there is not a shortage of opportunities available."