Kings Crescent Homes has secured a £34.9m development loan from OakNorth.
The London-based developer, founded by Nick Harvey-Jones and Radu Dinului-Mereantu, will use the loan to support the second phase of its development in Ashford, Kent.
The 254-home build-to-rent scheme, phase two of the Ashford Victoria Road masterplan, will include a mix of studio, one-, two- and three-bedroom flats across four buildings between the River Stour and Victoria Park.