Maslow Capital provided a £12m bridging loan to refinance existing debt on a 4.65-acre residential development in Beckenham, London.
The site has planning consent for 150 residential units, including 133 flats and 17 houses, with site clearance and sheet piling works in progress.
The short-term finance division at Maslow, led by Mark Posniak, structured the loan to help the borrower prepare for the next development phase.
Adam Ware (pictured), director of structured finance at Maslow Capital, said: “We are pleased to support this transaction, enabling the borrower to refinance an existing facility on a well-located, fully consented site.
“The strength of the planning consent, combined with the development’s potential, gave us the confidence to structure a tailored facility that aligns seamlessly with the borrower’s strategy.
“Our commitment remains steadfast in supporting developers and investors as they navigate the complexities of site acquisitions, refinancing, and project delivery across the UK and Europe.”
Posniak said: “What sets Maslow apart is our ability to provide a full suite of financing solutions for every transaction—including bridging, refurbishment, developer exit and development facilities.
“This uniquely positions us as a single principal lender, streamlining communication through a single point of contact, ensuring consistent underwriting and decision-making, and delivering tailored, integrated solutions that evolve with the project.
“In doing so, we enhance efficiency and speed up access to funding, while fostering long-term relationships built on customised support and better terms – ultimately ensuring an incredibly seamless process that is hugely beneficial to the borrower.”
