£80m whole loan facility to finance the development of “The Oren”, a premium Later Living development in Hampstead, London. The borrower, EPISO 5, is a fund managed by Tristan Capital Partners. Elysian Residences, a UK investor, developer and operator focused exclusively on the Later Living sector, will oversee both the development and subsequent operation of the scheme.
Within walking distance of Hampstead Village, the proposed scheme will include 46 units spread over four blocks and benefit from 50 parking spaces, a gym and spa, as well as a restaurant and bar area. Expected to be delivered in 2024.