Maslow Capital, a specialist provider of real estate finance, has completed a £12 million bridging loan to refinance existing debt secured on a 4.65-acre residential development site in Beckenham, southeast London.
The prime location benefits from approved planning consent for the development of 150 residential units, consisting of 133 flats and 17 houses within a combination of three- and four-storey buildings. With site clearance and sheet piling works already in progress, the project is moving closer to delivering high-quality homes in a highly sought-after area of London.
The bespoke bridging facility, structured and delivered by Maslow’s Short-Term Finance division, led by Mark Posniak, Managing Director of Short-Term Finance, enables the borrower to refinance existing debt while preparing for the next stage of development.
Adam Ware, Director, Structured Finance at Maslow Capital, who was responsible for originating and structuring the transaction, commented:
“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.”
Mark Posniak, Managing Director, Short-Term Finance at Maslow Capital, added:
“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.”