The Merchant’s Wharf development will offer over 196 waterfront apartments, commercial space and an onsite gym to a newly established neighbourhood.
This is the second Legacie Developments scheme Maslow Capital has supported, having provided a £22m funding package for its previous Parliament Square project in February 2020.
- An interview with PBL: Due diligence for developments is becoming 'more involved'
- Maslow Capital provides £26.7m loan for north London residential project
- Marson Property secures £19.8m loan from Maslow for environmentally friendly residential scheme in north London
Ellis Sher, co-founder and CEO at Maslow Capital, said: “This is another fantastic partnership with Legacie Developments, who we have supported across two large scale transactions to date.
“We are delighted to continue this partnership with the funding of Merchant’s Wharf, which is being constructed with both the end-user and investor in mind.”
John Morley, founder and managing director at Legacie Developments, added: “Having the support of Maslow Capital is a significant vote of confidence in our work and a huge boost for our future plans.
“We utilise a proven and successful off plan sales model and this completion demonstrates the effectiveness of this approach when developing residential schemes.
“We are delighted to be partnering with Maslow Capital again on what will be our first major development in Manchester.”