Paragon provides £5.32m for Sheffield apartment scheme

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Paragon Development Finance provided a £5.32 million funding facility for Kelham Exchange, a mixed-use development of 43 apartments and four commercial units in Sheffield's Kelham Island district. The 22-month loan supports development at a 65% loan-to-value against a gross development value of £8.248 million.

Paragon Development Finance has provided a £5.32 million facility for Kelham Exchange, a mixed-use development comprising 43 apartments and four commercial units in Sheffield's Kelham Island district. The 22-month facility supports Catherall Developments Ltd at 65% loan-to-value against a gross development value of £8.248 million. The post Paragon provides £5.32m for Sheffield apartment scheme appeared first on PropertyWire.