Market Leads & Opportunities
Paragon Bank provides almost £12m to support major scheme
Solihull-headquartered Paragon Bank has provided an £11.8m funding package to EquaGroup to assist with the acquisition of a site known as Ironbridge House in Hanwell, London, and its subsequent conversion into 57 residential apartments.The 28,000 sq ft commercial to residential conversion is due to complete in January 2022.This is the fourth deal that Paragon’s Development Finance team has supported over the past two and a half years, totalling 144 residential apartments.EquaGroup was introduced to Paragon through LEXI Finance.
More Market Leads
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26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
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26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
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