Residential Exit Loan
CBRE Investment Management Credit Strategies Announces £53m Loan to Finance Anthology Hale Works
Anthology Hale Works, Daneland Walk, London
In December 2020, CBRE Investment Management Credit Strategies provided a £53m investment loan to Lifestory Group developer, Anthology.
The investment refinanced 153 apartments that remained for sale at Anthology’s 195-unit Wembley Parade and 316-home Deptford Foundry developments. Both schemes completed in early 2020 and the majority of units from the award-winning London-developer have since been sold, with most properties qualifying for the Government’s Help to Buy scheme.
Both Deptford Foundry and Wembley Parade are developments of exceptional quality, in vibrant, emerging neighbourhoods. The developments offer units which are generously sized for the London first time buyer market, finished to a good standard and located close to transport hubs which offer direct access to Central London within as little as 15 minutes.
The investment refinanced 153 apartments that remained for sale at Anthology’s 195-unit Wembley Parade and 316-home Deptford Foundry developments. Both schemes completed in early 2020 and the majority of units from the award-winning London-developer have since been sold, with most properties qualifying for the Government’s Help to Buy scheme.
Both Deptford Foundry and Wembley Parade are developments of exceptional quality, in vibrant, emerging neighbourhoods. The developments offer units which are generously sized for the London first time buyer market, finished to a good standard and located close to transport hubs which offer direct access to Central London within as little as 15 minutes.