By David Parsley2019-01-29T08:40:00
Source: Shutterstock/Ewelina Wachala
Residential Secure Income (ReSI) has agreed a £14.45m loan, secured against the 289 units in its local authority housing portfolio.
The loan will be used to fund the portfolio pending refinancing with long term debt in combination with other assets. The facility has a 3-year term and a margin of 1.5%.
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