Conversion & Refurbishment

Regeneration of Grade II listed building in Birmingham’s Jewellery Quarter

30-month development facility to assist with the conversion of a vacant Grade II listed building, and new build block to provide 32 apartments.

ETME
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We have provided a £7.2m development loan to support with the delivery of 32 apartments, above ground floor commercial space in Birmingham City Centre. The scheme is located on Constitution Hill and is well placed for easy access to the City Centre, Colmore Business District and New Street Station.

Gross Loan

£7.2m

Term

30 months

LTV

63%

Units Created

32 Residential, 4 Commercial

Exit Method

Sales

"We are delighted to be working with our borrower, who is very experienced in the Birmingham market. This is a fantastic scheme in the Jewellery Quarter, which will bring a group of Grade II listed buildings back to life, along with a new build apartment block to maximise the potential of the site."

- Rav Kudhail, Lending Manager

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