Senior debt facility to fund development. St Martin’s Place will be one of Birmingham’s most exclusive luxury residential developments, located in one of the city’s most sought-after postcodes, minutes from the main business and professional district. The development comprises 228 apartments, as follows: 88 x 1-bedroom, 29 x 2-bedroom, 97 x 3-bedroom, 13 x 4-bedroom, 1 x 6-bedroom.
SevenCapital is one of the largest privately owned real estate investment and development companies in the UK, and the largest residential developer in Birmingham. The lead contractor, Colmore Tang, is an award-winning firm.
Commenting, Damien Siviter, Director, Seven Capital:
At SevenCapital, we are committed to delivering every project we undertake to a very high standard and are proud to boast a strong track record of doing so. Therefore, it’s essential we choose partners who are accomplished, with equal values and dedication to ensuring that our schemes continue to deliver the market-leading quality for which we have become renowned. Urban Exposure proved a perfect fit for our St Martin’s Place scheme in Birmingham, with a strong track record of providing lending and support to residential developers and housebuilders across the West Midlands. Likewise, we look forward to working with Urban Exposure more in the future.