Arc & Co. completes debt and equity facility for £36m PBSA scheme in London
Specialist capital advisory firm Arc & Co. has closed a 70% LTV debt package in partnership with Ingenious Capital Management, whilst also sourcing a JV equity investor to support the development of a purpose-built student accommodation project in Tower Hamlets, London.
Refused 20-storey London student housing block may still be built as Mayor takes control...
Sir Sadiq Khan has intervened after Westminster City Council refused to approve plans for a 20-storey student accommodation block on the canal opposite Paddington station.
Milestone for student accommodation scheme helping revive former industrial site
A landmark stage has been reached in the construction of a purpose-built student accommodation scheme on one of the region’s largest regeneration sites.
Columbus to review 16-story student housing complex at corner of Lane and High
The corner of North High Street and Lane Avenue could look different under a new 16-story student housing proposal. On Feb. 28, Georgia-based Landmark Properties submitted a plan for the property at 2160 N. High St. for review by the University Impact District Review Board.
UC Berkeley to raze historic Anna Head School buildings for student housing
Time is up for a weathered cluster of brown-shingle historic buildings in Berkeley’s Southside neighborhood, once home of the Anna Head School for Girls, established in 1892, 14 years after the city was established.
CLS Holdings Sells Spring Mews Student Accommodation for £101.1 Million
CLS Holdings plc has announced the sale of its Spring Mews Student accommodation in Vauxhall, London, to Rosethorn Capital Partners and Barings for £101.1 million. This transaction aligns with the property’s 2024 valuation and exceeds the 2023 year-end valuation by 8.1%.
Former Firehouse bar in Southampton to become student flats
Southampton City Council has approved plans submitted by private development company, Danehurst Limited, to build “purpose-built student accommodation,” at the site of the former Firehouse pub in Vincents Walk.
Aldermore increases student accommodation developer’s facility to £58.5m
With the facility, the group will refinance its recently developed student accommodation projects which will add 170 new bedrooms in city locations, adding to their extensive portfolio. This new deal brings Aldermore’s total lending with Kexgill to £58.
Puma’s ILF registers significant loans involving PBSA schemes
Puma Property Finance (Puma) has announced that, in its first year, its impact lending framework (ILF) registered £145m of development loans targeting qualification under the scheme. In 2024, Puma provided seven loans totaling £145m that are targeting ILF certification.
Douglas & Gordon and Hilltop Capital form JV
Douglas & Gordon and Hilltop Capital Partners have announced a strategic joint venture to provide fast and flexible bridging finance tailored specifically to property developers and investors across the UK. The joint venture aims to deploy more than £200m over the next 18 months.