Case Studies - Wells House, Ilkley, West Yorkshire
Developer: Magellan Residential
Development: Wells House, Ilkley
GDV: £15 million
Scheme: 49 units including 18 new build houses, 4 refurbished houses and 27 luxury refurbished apartments
CALA Finance’s first venture in Yorkshire was with Magellan on the award winning Wells House scheme. The Shipley based company has gone on to fund three further developments with CALA Finance on schemes in York, Guiseley and Leeds.
“Magellan Residential have had an excellent working relationship with CALA Finance. They have assisted our Company in financing over £20m worth of development work in the house building sector.
CALA Finance have allowed us to capitalise our business very quickly and we look forward to a continuing and successful partnership.”
James C Robinson
Chairman, Magellan Residential
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