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Hilltop Credit Partners completes £8.7 million loan for newbuild residential-led development in Leicester city centre

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  • Funds advised by Hilltop Credit Partners Limited (“Hilltop”) have provided a development finance facility of £8.7m to Mitchian Alliance Limited
  • Funds will be used to develop 69 residential units and one retail unit by the Waterside regeneration project, located a 10 minute walk from Leicester city centre
  • Leicester City Council has strictly controlled the provision of newbuild housing within the local area, creating favourable supply/demand dynamics for the new units
  • To date, Hilltop has provided approximately over £100m in lending commitments to SME developers to fund the construction of over 400 residential units across UK

London, 11th January, 2022: Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed an £8.7m loan to Mitchian Alliance Limited for the development of 69 residential units in central Leicester.

The project will deliver 53 one-bed and 16…

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