A great end to the week as Daniel O’Neil, Director in our Real Estate – Debt Advisory team, completes on this £4.16m refinance & development loan.

John Smart of The Edition Group comments: “We were wholly impressed how this transaction fared – completing in a record time of three weeks from start to finish which is unheard of in the industry. Moreover, what was truly remarkable was the calmness and glide of all those who were involved in the deal – the broker, the monitoring surveyor, both sets of legal teams and not least, the full credit team at CapitalRise. It really shows what can be done when everyone is swimming in the right direction and working in unison.”

Lee Francis of CapitalRise comments: “This deal shows the necessity of working with a broker that it is both experienced and knowledgeable in the sector, which SPF certainly is. Dan at SPF introduced CapitalRise to a seasoned developer who is exactly the sort of key partner that we look to work with. It was a top-quality introduction, and we have so far been very impressed by the approach.

We worked with SPF at speed to secure the development loan in Sydenham Hill, South London, within very short deadlines. Dan navigated the transaction superbly, quickly pulling together all the information to ensure we met the tight timeframes. The execution was phenomenal and, together, we were able to deliver one of the fastest development loans that both SPF & CapitalRise have completed at just under 4 weeks. This loan also demonstrates how we were happy to step in part way through a build, which not every lender will do.

The collaboration has been exceptional, and we believe it demonstrates our capabilities and delivery when working with an experienced broker. This was our first deal with SPF and hopefully not the last as they have been excellent to work with.”