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Atelier completes £7.8m loan for Bristol office-to-residential conversion
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Atelier completes £7.8m loan for Bristol office-to-residential conversion
Development finance lender Atelier has completed a £7.8m development loan to support the acquisition and conversion of an existing office building in Bristol. The 17-month facility, structured at 66% loan-to-value (LTV), will fund the transformation of the property into residential units under Permitted Development rights, unlocking the site’s redevelopment potential. The project is being delivered in partnership with a returning borrower who ha…
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