Urbanite Living has secured a £18.85 million finance facility from Paragon Bank’s Development Finance division to support the construction of a new Purpose Built Student Accommodation (PBSA) scheme in Glasgow.
Paragon Development Finance
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Paragon Bank’s Development Finance division has provided a £15.9 million funding package to PfP igloo and Housing Growth Partnership (HGP) for the development of 78 environmentally friendly townhouses in Glasgow.
Paragon Development Finance, introduced by Melrose Commercial Finance Ltd, has agreed to provide a £4.5 million funding package to Nixon Blue to support the development of 34 new apartments overlooking Paisley’s iconic Abbey.