The funding will enable the conversion of the period building with façade retention, for which two additional floors will be added to create the prime residential flats.
Breams Buildings is a cul-de-sac within a short walk to multiple financial and legal professional services offices in the City and the West End.
The £6.7m facility was agreed at 60% LTGDV on a 21-month loan term.
The buyer demographic includes City and West End walk-to-work bankers, lawyers, fund professionals and students.
Lyndon Miles, director of lending at CapitalRise, said: “The borrower set us a very tight completion target of 30 days from initial conversation to funding.
“Working with our traditional lawyers, George Green, and go-to independent monitoring surveyors, Robinson Low Francis, we delivered on time.
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“The property, being older, had some interesting aspects in the title.
“With our experience and expert legal advice, we got our heads around these quickly and dealt with them to the mutual benefit of the borrower and ourselves.”
He added that the boutique nature and appeal of the scheme, as well as the small number of units, distinguished it from other newly built developments CapitalRise had seen completed in recent months.
“The developer has long experience of specifically this type of project in very similar locations."
Uma Rajah, CEO and co-founder of CapitalRise, added: “This is an interesting example of the conversion of a period, boutique-type, commercial property to residential.
“Our team has delivered a solution to some complex issues and done so within a very tight timeframe.
“This is a credit to our internal processes and high-quality external advisers.”
To date, CapitalRise has lent against assets worth over £467m with zero capital losses.