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.”