Get Living has secured £112m in a financing deal for its Middlewood Locks project in Greater Manchester.
Middlewood Locks is Get Living’s first acquisition in Manchester, which EG revealed in January this year.
RBC Capital Markets has agreed to provide the development financing for phases one and two of the scheme.
Funding has been secured by 275 flats in phase one which have recently been delivered, and to finance the forward funding of 550 flats in phase two.
RBC acted as sole arranger and lender in the financing.
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