Maslow Capital has announced the provision of a £50 million structured financing facility to support the delivery of a major residential development at One Lord Street in Manchester, reinforcing its continued commitment to funding large-scale urban regeneration projects across the UK.
The transaction comprises a two-stage facility, including a pre-Gateway bridging loan and a follow-on development facility, designed to support the project seamlessly from early-stage acquisition through to full construction. This integrated financing approach enables a more efficient progression through the development lifecycle by reducing duplication in due diligence, legal processes, and documentation.
The funding has been provided to Linear Living, a repeat borrower, and will facilitate the delivery of a 23-storey scheme comprising 251 apartments and townhouses. The development is strategically located at One Lord Street, positioned as a key gateway into Manchester city centre and forming part of the wider Green Quarter regeneration vision.
The site also sits adjacent to the Strangeways and Cambridge Strategic Regeneration Framework area—an initiative led jointly by Manchester City Council and Salford City Council—highlighting the scheme’s importance within a broader programme of long-term urban transformation and investment.
Maslow Capital’s ability to structure both bridging and development finance under a single, joined-up facility was a central feature of the transaction. By agreeing both phases at the outset, prior to Gateway approval, the lender has provided the borrower with enhanced certainty around funding, programme delivery, and cost management during a typically complex and uncertain stage of the development cycle.
This deal marks the second collaboration between Maslow Capital and Linear Living, following the successful financing and delivery of the Trafford Gardens scheme in Manchester. The repeat partnership reflects both firms’ shared focus on delivering high-quality residential developments in key regional markets.
Commenting on the transaction, Sky Mapson, Senior Director of Origination at Maslow Capital, said the firm continues to prioritise flexible, structured financing solutions that support developers at every stage of the project lifecycle. He noted that agreeing a dual-phase facility from the outset provides “a level of certainty that’s hard to achieve in today’s market.”
Rachael Gordon, Head of Deal Execution (UK & Europe), added that Manchester remains a focal point for sustained demand and institutional investment, with regeneration frameworks playing a critical role in shaping the next phase of city-centre growth. She emphasised that funding aligned with deliverability and sequencing is increasingly important in bringing forward complex urban schemes.
Stephen Holmes, CEO of Linear Living, highlighted the importance of securing a joined-up bridge-to-development facility, noting that access to pre-Gateway bridging finance alongside a committed development facility ensures continuity and momentum as the project progresses.
The One Lord Street scheme is expected to make a significant contribution to Manchester’s residential pipeline, addressing ongoing demand for high-quality, city-centre housing while supporting the continued regeneration of the Green Quarter.
Maslow Capital is a leading pan-European real estate finance provider with a track record of funding over £10 billion of projects. Operating across multiple European markets, the firm delivers a broad range of structured lending solutions, including bridging, development, and stabilisation finance, supporting projects from initial acquisition through to completion.
This latest transaction further underscores Maslow Capital’s active role in supporting regional growth markets such as Manchester, where strong demographic trends, sustained inward investment, and ongoing regeneration initiatives continue to drive demand for new residential development.
Article written by Daniel Tennenbaum
