Residential
Merchant’s Wharf,
Greater Manchester
GDV £40m
Units 196
Deal Duration 21 months
Build Type third party contractor
Merchant’s Wharf, Greater Manchester

Maslow Capital has deployed £20m of funding into Legacie Developments’ brand-new project in the North West. The new £20m facility follows Maslow’s previous financing package of £22m which supported Legacie’s Parliament Square development in February 2020.

This £20m completion will fund the construction of Merchant’s Wharf, an exciting residential and commercial development in Salford Quays. This new project is  located beside the River Irwell in Salford. Situated just 850m to Manchester city, this stylish new scheme will bring over 196 waterfront apartments, commercial space and an onsite gym to a newly established neighbourhood.

Commenting on the deal completion, Ellis Sher, Co-founder & CEO of Maslow Capital, said “This is another fantastic partnership with Legacie Developments who we have supported across two large scale transactions to date. We are delighted to continue this partnership with the funding of Merchant’s Wharf which is being constructed with both the end-user and investor in mind.”

Having the support of the institutionally backed Maslow Capital, is a significant vote of confidence in our work and a huge boost for our future plans. We utilise a proven and successful off plan sales model and today’s completion demonstrates the effectiveness of this approach when developing residential schemes. We are delighted to be partnering with Maslow Capital again on what will be our first major development in Manchester.
John Morley, managing director and founder of Legacie Developments

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