Student Accommodation

Specialism

We are a leading provider of development finance for the construction of purpose-built student accommodation (PBSA).

To date we have actively supported a number of developers with both senior and stretch senior development finance facilities and have a continued appetite to support experienced developers in the sector going forward.

Speak to an originator

Pricing and Parameters

Maximum gearing 90% of cost / 65% of GDV
Pricing 5.65% over 1-month LIBOR
Loan size £100m

We consider each potential development project on its own merits but below gives an indication of some initial considerations when appraising a new scheme.

  1. Borrower experience in the sector
  2. Location of asset e.g. proximity to university / amenities
  3. Demand for PBSA in the locality
  4. Potential for supply and demand rebalancing in the near term
  5. Operator experience
  6. Viability of exit plan e.g. refinance or sale

Get in touch

For enquiries around funding opportunities, please contact one of our origination team:

Sky Mapson

Deal Origination

After graduating from Royal Holloway University of London in 2009, Sky joined RBS Global Banking and Markets where he worked as an analyst in various fixed income sales roles. He was principally involved in modelling and managing interest rate and inflation risk for UK public sector treasury bodies as well as formulating and marketing asset and liability matching derivative solutions to UK public sector pension schemes.

In the latter part of his time at RBS, Sky spent a significant proportion of his time modelling debt and derivative restructuring, this sparked an interest in the alternative funding sector and ultimately prompted his decision to join Maslow Capital in June 2012. Sky forms part of the Maslow origination team and is responsible for sourcing and structuring new lending transactions and presenting these to the credit and risk committee.

Matt Pigram

Partner & Deal Origination

After spending a number of successful years in retail banking, Matt decided to specialise in property lending joining Dunbar Bank Plc where he remained for 10 years. He has worked extensively with both commercial and residential investors and developers on a wide range of projects not only in London but throughout the UK, using his technical knowledge and attention to detail to deliver a range of funding solutions.

Matt joined Maslow in 2011 and has played an instrumental role in growing the business, becoming a partner in 2014. Matt looks after a portfolio of customers and is responsible for growing new lending relationships.

Chris Blowers

Co-founder & Head of Origination

A graduate of the LSE, Chris has over 30 years’ experience in property finance and banking starting in the City Office of Williams & Glyn’. Chris was Chief Manager of Corporate Banking at AIB (GB) for many years and was latterly Corporate Director of AIB City Office the Bank’s flagship UK Branch. Chris joined Investec Structured Property Finance in 2005 and originated a significant property backed loan book in Senior, Senior Stretch and Mezzanine debt before leaving to become a co-founder of Maslow Capital in 2009.

Chris continues to source and manage transactions as the head of the Maslow origination team.

Michael Kearney

Deal Origination

Mike has over 12 years of property finance experience having commenced as an Analyst in Australia. Throughout the early part of his career, Mike worked in the front office and then in distressed loan management following the Global Financial Crisis. Mike then moved to ANZ Banking Group as an Associate Director growing a AUD1.4 Billion national loan portfolio of both real estate investment and development facilities.

Suzanne Wadsworth

DEAL ORIGINATION

Suzanne has over 20 years’ experience in property finance with a focus on developments throughout her career.  Starting with ANZ Bank in Australia, then Suzanne moved to the UK in 2000. Suzanne worked with the Deutsche Postbank property team for over a decade, has undertaken a number of consulting roles, and more recently growing the property finance exposure for a Qatari bank for 3 years.

Deals

Ikeston Place

Nottingham

  • Type
    Student
  • Units
    103
  • GDV
    £8.5m
  • Parkside

    Coventry

  • Type
    Student
  • Units
    211
  • GDV
    £24.5m
  • Newcastle Road

    Durham

  • Type
    Student
  • Units
    227
  • GDV
    £31.8m
  • More products & Specialisms

    Stretch Senior

    Product

    See product

    ​Residential and Mixed Use

    Specialism

    See product

    Student Accommodation

    Specialism

    See product