The facility was for an experienced BTR operator on an asset in central Liverpool.
The property, which was developed in 2023, comprises 116 apartments, a cinema room, co-working space, gym, yoga room, and rooftop terrace.
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At 69% LTV, the 12-month loan allowed the borrower to refinance their existing debt and pursue their business plan, which includes restructuring their book for improved operational efficiency and to grow the company’s residential portfolio through further acquisitions.
Reflecting on the firm's growth, Gil Ulrich, CEO at Blue Shield Capital, commented: “2024 has been a remarkable year for the company.
“We have continued to grow our loan book and have now surpassed £200m in lending.
“We are well set up to grow further in 2025 in supporting borrowers to achieve their key objectives."
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