Aldermore Backs Leicester BTR Scheme with £27.8m Refinancing Facility

£27.8m secured to support refinancing and operation of Leicester build-to-rent scheme

Aldermore has provided a £27.8m commercial real estate facility to Highcross Street Holdings Limited, supporting the refinancing and ongoing operation of a newly developed build-to-rent (BTR) scheme in Leicester. The funding supports a joint venture with Monk Estates and Housing Growth Partnership, enabling the scheme to transition from development into a stabilised, income-generating asset. The […]

Leicester BTR scheme secures £27.8m Aldermore refinancing

Aldermore has provided a £27.8 million commercial real estate facility to refinance a 171-unit build-to-rent scheme in Leicester city centre. The development, operated under the Hylyfe brand, is a joint venture between Monk Estates and Housing Growth Partnership. The post Leicester BTR scheme secures £27.8m Aldermore refinancing appeared first on PropertyWire.

Aldermore backs Leicester BTR scheme with £27.8m refinancing facility

The mixed-use scheme comprises 171 apartments - including studio, one-, two- and three-bedroom units - alongside a Sainsbury’s store.