Originally built in the 18th century, the property, located a few minutes away from Hyde Park and Grosvenor Square, had recently undergone complete refurbishment.

Katy Katani, associate director at CapitalRise, said: “Mayfair remains one of the most coveted postcodes in the world. 

“It is exciting to see a building with such a rich history refurbished to an extremely high standard and we are proud to be facilitating this loan for such an exceptional property.

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“Our mezzanine loan offer continues to be an attractive proposition for developers and we are delighted to be working such high-calibre property entrepreneurs.

Tom O’Brien, associate director at Enness Global, who worked with CapitalRise on the deal,  commented: “It was a pleasure to work with Katy and her team throughout the process. 

“Their superior experience and knowledge in the prime London market meant that they were able to offer a great option to our client and execute with speed and efficiency.”

Earlier this year, CapitalRise revealed that it has lent over £100m to property developers since its inception.