This marks Maslow Capital's 11th facility in Manchester.
Specialist development finance provider Maslow Capital has completed a £123m development facility to fund the construction of two residential towers in Manchester.
The project seeks to meet the city's demand for rental property, with a gross development value in excess of £230m.
The development will consist of two towers reaching 21 and 52 storeys respectively, providing a combined total of 664 residential units.
Ellis Sher, chief executive and co-founder at Maslow Capital, said: “We are delighted to be supporting the delivery of a scheme of such scale and quality.
"Despite the political and economic uncertainty, all the parties involved have done what they said they would do and remain focussed on the delivery of this important project.
"It’s easy to lose sight of the housing shortages that many parts of the country face with all the Brexit noise around us.
"It’s important to Maslow that we support high quality developers throughout the cycle, ignoring some of the near-term volatility and focus on the long-term fundamentals.”
This marks Maslow Capital's 11th facility in Manchester.
