The funding supports Blue Sky Developments as the scheme moves towards completion in 2026.
The development comprises a three storey apartment block with nine two bedroom apartments, alongside parking, landscaping and cycle storage.
DCI said the facility was structured as a development exit loan, refinancing the borrower’s existing development finance and giving additional time to complete sales.
The lender said the deal was designed to support the project through the later stages of development while avoiding pressure to sell units before they achieve full market value.
Michael Clifford, commercial director at District & County Investments, said: “This project highlights the importance of having the right funding partner in place at every stage of a development.
“By providing a structured exit facility, we enabled the borrower to refinance their existing loan and focus on achieving the best possible outcomes from the sales process.
“Our ability to move quickly and deliver a flexible solution ensured continuity for the client, while supporting the successful delivery of a high quality residential scheme in a prime Wirral location.”
Eric O’Connor, director of BlueSky, added: “DCI has been truly effective in providing a bespoke exit finance solution for this prestigious apartment development. Their levels of communication, attentiveness, speed and efficiency led to a seamless transition, enabling us to focus on other day to day matters with complete peace of mind.”
Please visit:
Our Sponsor