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Silbury Finance provides £22m facility for Hove residential development

Silbury Finance, the Oaktree Capital Management-backed development lender, has provided a £22 million senior debt facility to Stonegate Homes for the development of a 100-apartment scheme in Hove, East Sussex.

The 17-month facility, funded at 70% LTGDV, will support Stonegate’s transformation of a...

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