Maslow Capital Provides €77.04 Million Facility for Landmark Vivere Residences in Manchester, Strengthening Partnership with Forshaw Land & Property Group
Specialist real estate finance provider Maslow Capital has announced the completion of a €77.04 million development finance facility for repeat client Forshaw Land & Property Group, a well-established property developer with an impressive pipeline of residential developments in prime city centre locations in the Northwest. This latest funding will drive the delivery of the Vivere Residences, a landmark mixed-use scheme in Cornbrook, Manchester, featuring 237 high-specification residential units and an 88 -key Vivere aparthotel.
This marks the third facility provided by Maslow Capital to Forshaw Land & Property Group, underscoring the strength and trust within their long-standing partnership.
This development will feature a mix of one- and two-bedroom apartments, alongside five penthouses. It will also feature an 88-key Vivere aparthotel, retail spaces, and car parking facilities. Residents will enjoy amenities such as a 24-hour concierge, a gym, a co-working lounge, meeting rooms, a private dining room, a cinema, and a coffee bar, all designed to cater to the needs of modern urban lifestyles.
Manchester continues to experience strong demand for new homes and hotel rooms, driven by employment growth, graduate retention, and increased investment. Innovative mixed-use developments like Vivere Residences play a crucial role in addressing this demand by delivering high-quality living spaces, hospitality offerings, and modern amenities that cater to the evolving needs of residents, visitors, and businesses alike.
This funding marks a significant milestone in the growing partnership between Maslow Capital and Forshaw Land & Property Group. Together, they have successfully delivered high-profile developments across Manchester, providing 463 homes with a combined financing total of €118.32 million. Previous projects include an €10.08 million loan for 66 residential units and a €31.2 million facility for a 160-unit residential scheme.
“Our previous projects with Maslow Capital, including Halo Apartments and Pavilion Wharf, have been resounding successes, and this new collaboration further solidifies our partnership. Maslow’s deep understanding of the development process and their ability to align with our vision make them a natural fit for our projects. Their expertise gives us the confidence to deliver ambitious schemes like the Vivere Residences, which we are proud to see contributing to Manchester’s ongoing growth and urban transformation.”Lyndon Forshaw, Managing Director at Forshaw Land & Property Group
“Our continued partnership with Forshaw Land & Property Group reflects the trust and synergy we have developed through multiple successful projects. Each facility we have provided has scaled in ambition alongside Forshaw’s growth, and we are proud to be a trusted partner in their journey.”Sky Mapson, Senior Director of Origination at Maslow Capital
“Manchester’s ongoing transformation is thanks in large part to innovative developers like Forshaw Land & Property Group, who continually elevate the standards we expect in modern residential projects. With demand for housing in the city outstripping supply, developments like Vivere Residences are essential in addressing this shortfall and supporting Manchester’s growth. We are proud to continue shaping the city’s future by financing another exceptional mixed-use development.”Rachael Gordon, Head of Deal Execution (UK & Europe) at Maslow Capital
