The development will comprise approximately 65,000 square foot of accommodation.
Development loan business Puma Property Finance has provided a £14m development loan, in order to gun a 37-unit residential scheme in Gosforth, Newcastle-upon-Tyne.
The development will comprise approximately 65,000 square foot of accommodation, and is scheduled to complete at the end of 2021.
Kevin Davidson, managing director at Puma Property Finance, said: “We are delighted to have provided this residential development facility to a strong, local developer despite being in the midst of a global pandemic and continued economic uncertainty.
“It underlines our commitment to continue to support experienced property professionals across the UK, and we look forward to closing further facilities over the coming weeks and months.”
