Horsnall Holdings has completed the construction of The Wharf, a 55-unit scheme in Waterside Village, Loughborough, with support from funding from Paragon Bank’s Development Finance division.
Paragon provided an £8.3 million finance package in a deal led by senior relationship director Simon Dekker, with support from senior portfolio manager Craig Seaborne.
The Wharf consists of 55 one, two and three-bedroom flats with facilities including a fitness studio, private rooftop garden, co-working space, canalside garden and concierge service. All units within the scheme are fully sold out.
The development forms part of the three-phase scheme, with all new apartment buildings, funded by Paragon Bank. Waterside Village developments include award-winning, The Gate, repurposed 1800s hosiery factory, The Mill, and the final installment, The Wharf.
Mark Horsnall, director of Horsnall Holdings, said: “We are delighted the final stage of Waterside Village has concluded with The Wharf. The project signifies the completion of the stunning three-phase apartment development in Loughborough.
“Our strong relationship with Paragon continues to grow, with the completion of The Wharf. Not only have they funded all three phases of Waterside Village, but this completion is also our seventh deal with Paragon. Working with Simon and his team is always a delight and they are a crucial part of delivering these fantastic facilities.”
Simon Dekker, Paragon Bank Development Finance relationship manager, said: “Congratulations to the team at Horsnall Holdings for completing the final development in this incredible scheme. We are delighted to be there from the very beginning and to see their vision come to fruition.
“The apartments are superb homes and facilities with each build complementing the other as part of the Waterside Village. We enjoy working with Mark and his team at Horsnall Holdings and are thrilled with their success.”
