ZSL Capital completes its first senior loan of 2019 further diversifying its exit bridge loan book
23rd December 2019
ZSL Capital completed, just before the start of the festive period, a senior loan facility towards a completed ground-up development of bungalows in Whitton. The funds have been used to refinance the outgoing senior lender while the developer is going through the sales process of the two remaining units of this four-bungalows development.
Theo Theodosiadis, Head of Investment and Risk analysis at ZSL Capital, said: “We are delighted to have completed another senior exit bridge amidst the final working days of 2019. That was the best close to an exciting year for ZSL showcasing that there is more to come in 2020.”
ZSL were represented by Matthew North of Farrer&Co LLP.