Luxury apartment scheme secures £8m loan from specialist lender

Black & White Bridging has completed its largest loan to date, with an £8m injection into the City Green development in Solihull.

The specialist lender is supporting the sales period of Empire’s 86 luxury apartments set over two residential blocks on Sheldon Country Park.

Funds have been used to refinance an existing development finance facility and complete the final landscaping of the project.

Damien Druce, commercial director at Black & White Bridging said: “This landmark transaction underscores our commitment to providing housing and supporting high-quality developments across the UK. Our collaboration with Pete Williams and Empire Global exemplifies the strength of our partnerships and our dedication to facilitating projects that enhance communities.”

Pete Williams, head of development finance at Empire Global said: “Working alongside Black & White Bridging has been instrumental in bringing the City Green project to fruition. Their transparent approach and swift decision-making process have been invaluable in meeting the project’s financial requirements. We’ve completed many deals with B&W as they continue to deliver first class service and products time and time again.”