Halkin Finance (HF) assisted an established developer in structuring the mezzanine and senior facility for their new project in Haslemere, Surrey. This enabled them to acquire 13 acres of unused farmland and buildings, with partial planning already in place.
With our continuing support, this will enable the developer to complete the first phase of the project with GDV £2.6M, with a further £10M when the development is expanded to phase two, potential yield £3.1M. HF is further engaged on phase three, which is forecasted to yield £14M profit.
Power in Numbers