UK proptech JaeVee and specialist lender West One Loans have agreed on a £3.2m ($4.2m) development finance facility to fund the purchase and renovation of former seaside hotel, the Burlington in Sheringham, Norfolk. The 17 sq ft seafront property is set to be converted into 16,000 residential apartments.
UK proptech JaeVee and specialist lender West One Loans have agreed on a £3.2m ($4.2m) development finance facility to fund the purchase and renovation of former seaside hotel, the Burlington in Sheringham, Norfolk. The 16,000 sq ft seafront property is set to be converted into 17 residential apartments.