OSB Group has completed a £25.9 million mixed-use refinance for a property developer in Manchester, funding a scheme comprising 93 apartments and basement commercial space at Barclay House.
OSB Group has completed a £25.9 million mixed-use refinance for a property developer in Manchester, funding a scheme comprising 93 apartments and basement commercial space at Barclay House.
The lender moved from formal offer to completion in 21 days, with funding arriving just over a month after the initial referral.
Why this matters: This transaction reflects broader activity in the specialist lending market, where speed of execution and flexibility have become key differentiators for developers navigating tight refinancing windows.
What this means for you: If you're a property developer in need of short-term financing, this transaction may demonstrate the feasibility of securing funding within a tight timeframe.
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