£258m funding deal signed for Ardmore resi site

A four-year £258 million development loan has been secured to fund the delivery of a 462-home prime residential-led scheme in Kensington, West London.
Ardmore will now start main construction work this summer at 100 Cromwell Road after finance specialist Maslow Capital finalised the deal with a joint venture between developer SevenCapital and real estate investment manager MARK.
The site will see construction of seven residential blocks including a 29-storey tower which will become the tal