Steffan Goold Joins Beaufort Capital

Beaufort is delighted to welcome Steffan Goold, who joins the team as Director, UK Real Estate Finance.

Steffan has spent a number of years in real estate finance, having completed over £500m of development and investment transactions. Steffan is also a board member of the Association of Property Lenders.

Beaufort Completes Hampstead Residential Development Project

Beaufort is delighted to announce the completion of a mezzanine investment to support a multi-unit residential development in Hampstead, North London, in partnership with a well-established private equity firm.

The development is located within a short walk of Hampstead Heath and the amenities of Hampstead village. Boasting over 19,500 sqft of internal area, the units will be finished to a very high standard with substantial landscaped gardens.

The GDV of the development is anticipated to be in excess of £25m and is scheduled to be completed by Q4 2020.

Beaufort Completes Glasgow Student Accommodation Development

Beaufort is delighted to announce the completion of a mezzanine investment to the Soller Group to support the development of a new-build student scheme on Dunblane Street in Glasgow.

Scheduled for completion in Summer 2019, the 301-student bed development will be built close to and in conjunction with the Royal Conservatoire of Scotland, one of the top five performing arts institutions in the world. The RCS was founded in 1845 and counts Prince Charles as its patron and Cameron Mackintosh as president of the University. The project will provide students with a wealth of amenities including; five bespoke sound-proofed music practice rooms, a dance studio, a gym, cinema room, study halls, two roof terraces and a sky lounge.

Beaufort Completes Liverpool Hotel & Residential Project

Beaufort is pleased to announce the completion of a mezzanine investment into a hotel and residential development project in the heart of Liverpool, The Gostins Building. The development will transform one of the city’s many iconic buildings into a new branded hotel comprising 155 keys, with a substantial roof extension to accommodate several storeys of residential accommodation and commercial premises on the ground floor.

Originally a pharmaceutical factory, the seven-storey Gostins Building is a stone’s throw from the £1bn, 42-acre Liverpool One shopping, residential and leisure development and will deliver much-needed hotel accommodation as well as new for-sale residential units, all boasting impressive views over the Liverpool skyline.

The development is expected to be complete and open in the first half of 2020.

Spotlight on Healthcare

What was once a fairly niche asset class within the property industry has now become one of the largest growth areas for developers and investors alike. By 2021, the population of the UK over the age of 65 is estimated to be 13 million, with a shortfall of 150,000 market-standard healthcare bed spaces*.

In short, the demand for high-quality healthcare developments has never been higher and looks set to continue increasing.

The Beaufort team has considerable experience of providing development finance to the healthcare sector, from high-end retirement developments, to extra-care and supported living.

Mark Quigley joins Beaufort Capital

Mark Quigley has been appointed by Beaufort Capital to the role of Managing Director, UK Real Estate Finance. Mark has joined Beaufort to develop its London and regional business across the UK.

Mark began his career at Barclays in the eighties and was a member of the specialist property finance team. In 2008 Mark established and led the Barclays Student Accommodation team which successfully lent more than £750m. Mark became head of Barclays Real Estate in the East of England before joining Titlestone Property Finance. In 2016 Mark was appointed Managing Director of Contour Capital where he was successful in growing their lending business.

Beaufort Completes Two Scottish Development Deals

Beaufort is delighted to announce the successful completion of two development transactions in Scotland; a mezzanine and equity investment into a residential development in Edinburgh, and an equity investment for a hotel and apart-hotel development in Glasgow. The total value of these investments is in excess of £6.5m.

The developer of both sites, Artisan Real Estate Investors, is a multiple award-winning developer, whose £200m regeneration of New Waverley in Edinburgh has won several prestigious accolades, including honours at the 2017 Scottish Property awards and 2017 RICS awards.