Market Leads & Opportunities
Mutual and broker support Pernarth apartment scheme
A property development firm headed up by a former All Black and Cardiff Blues rugby player is bringing forward a Penarth apartment scheme with support from Cornerstone Commercial Finance and Monmouthshire Building Society.The brokerage and mutual have completed a £4.3m property development loan which is allowing Xavier Rush’s X-Stream Developments to build 21 apartments on the site of an old garage.The development is set to run over the next 18 months, with the apartments available by the end of 2021.The loan was said to be a template for a number of deals Cornerstone is working on with the Monmouthshire.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Lead developer sought for city centre redevelopment
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. - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million.
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