CapitalRise and Voltaire Financial Structure £8m Development Facility for Aparthotel in Hammersmith

CapitalRise has completed an £8m development facility for a mixed-use redevelopment on Fulham Palace Road, Hammersmith, comprising a 40-key aparthotel and a refurbished public house.

Katy Katani, director at CapitalRise, originated the loan, reflecting the lender’s continued focus on supporting high-quality schemes across London and the Southeast.

Numa Stays, a fast-growing European hospitality brand known for modern, tech-enabled accommodation with sustainable features, will operate and lease the aparthotel. The project sits in a highly active regeneration area supported by the local authority, with Hammersmith and Fulham also showing strong recent house price growth, reinforcing the area’s attractiveness to residents, investors and operators.

This transaction marks CapitalRise’s first aparthotel scheme, building on previous funding for a Bloomsbury hotel conversion and a South Kensington short-let scheme. The lender said the deal required a bespoke structure because of its scale and mixed-use complexity, and that its ability to move quickly was key to completing the financing.

Dorothée Dembiermont of Voltaire Financial introduced the deal and acted as the borrower’s exclusive debt adviser. Both CapitalRise and the borrower praised the collaborative approach, with Voltaire highlighting the lender’s flexibility in supporting a structure that a more traditional lender might have struggled to provide.

CapitalRise described the project as a strong example of its commitment to backing exceptional opportunities with experienced partners. The borrower added that the transaction closed in a sub-market where it has strong conviction and expressed confidence in both Numa’s operating model and its own development plans.

Overall, the scheme represents CapitalRise’s largest multi-unit development to date and underlines its growing role in funding complex operational living projects.