Clerkenwell

Type: Senior loan - development

Loan amount: £56.3m

Term: 30 months

Location: Clerkenwell, London

Senior development loan to fund the construction of a new mixed-use hotel and office development in Clerkenwell, London. The scheme will provide new grade A office space, a 153-bed hotel and nine affordable residential units. ASK’s client has secured a pre-let of the hotel element and a pre-let and sale of the affordable units

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