student accommodation development

Refinancing a student accommodation development

DEAL SHEET – £2,000,000 – Bond Adams handles refinancing of a student accommodation development funded by Nester.

Our client is the owner of a 50 block of luxurious student accommodation in Birmingham, situated in prime locations.
Our property and corporate teams successfully handled the refinancing deal, worth £2m. These negotiations involved a significant level of complexity.
  1. There were a range of negotiations required between first and second charge holders.
  2. Funding for the project was provided by Nester. This meant there was a requirement for an additional level of detail across all of the deal requirements for this student accommodation development project.
  3. Bond Adams was required to undergo significant due diligence with respect to the development, planning and other aspects of the arrangement.
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Bond Adams Solicitors
Richmond House
94 London Road
0116 285 8080

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