Crowdstacker set up a PDL investment to provide mezzanine funding for a property developer who had taken on an interesting project in Putney, in south-west London.
The plan was to create two new homes from a commercial building which had been used for many years as light industrial units, but which offered potential to be turned into two two-storey homes, one with an integral garage and both with private outside space.
Originally the plan was to try and complete the project within 12 months, but as can often happen with building projects, there were some unforeseen issues. These had to be dealt with first before any progress could be made on the exciting construction.
You can find out more about the update in our video below.
Crowdstacker offers a variety of property development loans similar to the one part funding this project. You can view the latest investments here.