Silbury Finance signs off £64m loan for retirement scheme

CGI of St Albans development

Silbury Finance – the Oaktree Capital Management-backed development lender – will provide a £64.3m loan to support the development of a 124-apartment retirement scheme in St Albans, being delivered by Elysian Residences. The loan, which finances a joint venture established by Elysian and Senior Living Investment Partners, itself a partnership between Pension Insurance Corporation and…

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