Lender provides £3.25m loan for City Road hostel refinance
Specialist lender MERA has provided a £3.25 million stabilisation loan to refinance a 131-bed hostel on City Road, London. The 24-month bridging facility allows the borrower to establish a trading history before securing longer-term financing. The post Lender provides £3.25m loan for City Road hoste
<p>Specialist lender MERA has provided a £3.25 million stabilisation loan to refinance a 131-bed hostel on City Road, London. The 24-month bridging facility allows the borrower to establish a trading history before securing longer-term financing.
The post Lender provides £3.25m loan for City Road hoste</p>