Investec Structured Property Finance and Lloyds Bank Commercial Real Estate have provided an £85m loan for a 198-home residential scheme in east London.
They will each provide £42.5m for Anthology’s £175m Hoxton Press scheme.
Anthology was set up by Oaktree Capital Management. It currently has four schemes in its development pipeline and is intending to deliver 600 homes a year from 2018.
Mark Bladon at Investec said: “We continue to identify and support residential development schemes in London that are in attractive locations.”
To send feedback, e-mail alex.peace@egi.co.uk or tweet @egalexpeace or @estatesgazette
