In addition, Bradley Walker has joined as a surveyor and Marie Livesey has been promoted to the role of associate director.
Specialist Finance Introducer has moved its annual awards online to ensure the health and safety of its attendees.
The scheme will deliver 346 BTR homes, 17 parking spaces and c.12,800 sq ft of commercial space.
Funding 365 has streamlined its light development product by removing the exit fee, to provide a structure that aligns with its bridging products.
The two-bedroom mid-terrace house had permission to be refurbished into a four-bedroom property.
Magnet Capital has seen considerable growth since the property market reopened in May 2020, recording its best month since launching in 2018.
The 0.64-acre site at One Fox Lane was acquired by Dominvs Group in September 2018.
The development finance product offers loans from £100,000 to £750,000 at an LTGDV of 60%.
The transaction has a loan-to-value (LTV) of 64.6% and was issued for a 6-month term, after which it will be refinanced onto a pre-agreed development facility with Avamore Capital.
The funding has enabled Stephens and Stephens to deliver the scheme under its own brand, as both the developer and main contractor.