A former office block in Taunton is set to be transformed into 55 new flats after a property investment firm secured more than £5m for the development.
Warrington-based Sourced Capital launched a funding round in May to transform number 1 Tangier Central in the Somerset town, after securing planning permission for the site.
The business, which is the the fintech funding arm of Sourced Group and finances projects undertaken by its holding company’s network of property developers, said the latest loan was the largest it had closed to date.
