Maslow Capital has loaned £18.1m to Yari Investments to develop 121 co-living homes in Feltham, west London.
The development finance lender said the state-of-the-art development on the High Street would “transform the way young professionals experience city living in the borough”.
Yari, which was introduced to Maslow by Brotherton Real Estate, plans to hold and operate the units as long-term investment.
The modular-built co-living units will offer residents their own private studio with bedroom and bathroom, alongside shared communal spaces such as lounge, kitchen, dining areas, and co-working space.
Nir Zamek, owner and director of Yari, said: “We are thrilled to have received the support of Maslow Capital in bringing this exciting co-living development to fruition. Their expertise in development finance has been invaluable in helping us bring our vision to life, and we can’t wait to welcome young professionals to this fantastic property.”
Sky Mapson, deal originator at Maslow Capital, added: “We believe this innovative project will be a valuable addition to the housing market in London. Yari Investments’ strong business plan and London’s high demand for co-living housing made this a compelling opportunity for us, and we are confident that the completed development will be a great success.”
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