The part-complete four-storey, mixed use development project was being led by a developer with extensive construction and development experience. Avamore stepped in with part-complete funding when the project was not yet wind & watertight.
The property is close to Shoreditch and Hoxton, both of which have good access to amenities. Moreover, the property is situated close to Hoxton Station which is served by the East London Overground line, making it easy to commute into central London locations. The part-complete funding provided the borrower with additional time and increased cash flow to finish the project.