# Property Finance for Retirement Village in Glasgow Case study · United Kingdom · Published 2018-04-09 · Updated 2026-06-09 · By Rikvin Capital > Location: Newton Mearns, Scotland Market Value: £11,000,000 Loan Amount: £3,300,000 ## Deal summary | | | | --- | --- | | Asset Type | Retirement Village | | Locations | Newton Mearns, Scotland | | Loan Amount | £3,300,000 | | Loan-to-Value | 30% | | Market Value | £11,000,000 | | Duration of Loan | 11 Months | | Payment Schedule | Rolled up Interest, paid at the end of term | | Completion Time | 21 Days | **Rikvin Capital approached by UK-based company to finance a Retirement Living Development in Newton Mearns** A UK company had a dream of building a state-of-the-art retirement village in Glasgow, complete with 252 flats, a clubhouse, and an 80-bed care facility. However, their plans hit a roadblock when they failed to secure a bank loan based on the land alone. The company was left searching for a solution that would help them bring their vision to life. Enter Rikvin Capital. The management team saw the potential in the property and decided to provide a loan to the company. They understood the importance of having a safe and comfortable retirement for seniors and wanted to be a part of making that happen. With the loan from Rikvin Capital, the company was able to successfully develop the facility and make their dream a reality. The retirement village became a thriving community for seniors, providing them with a comfortable and safe place to call home. The company was grateful for the support from Rikvin Capital and were proud to have played a part in creating a better life for seniors in Glasgow. ## Problem - A U.K. company had planned to build 252 flats, a clubhouse, and an 80-bed care facility - The company had failed to get a bank loan based on the land alone ## Solution - Rikvin Capital’s management team saw the potential in the property and was able to provide a loan - The loan was concluded upon the successful development of the facility **Related:** [Read about when Rikvin Capital financed a vacant prime land purchase in Argyle Street for redevelopment](https://www.rikvincapital.com/case-study/rikvin-finance-vacant-prime-land-purchase-in-argyle-street-for-redevelopment/) - **Location:** Newton Mearns, Scotland - **Market Value:** £11,000,000 - **Loan Amount:** £3,300,000 - **Loan-to-Value:** 30% - **Duration of Loan:** 11 Months - **Payment Schedule:** Rolled up Interest, paid at the end of term - **Asset Type:** Retirement Village - **Completion Time:** 21 Days ## Frequently asked questions ### Can Rikvin Capital fund a UK retirement village or senior-living development? Yes. The Glasgow case here lent £3.3 million against an £11 million Newton Mearns development site (30% loan-to-value) for a 252-flat retirement village with clubhouse and 80-bed care facility. Banks were unwilling to lend on the land alone; we lent against the existing site value to get the project off the ground. ### How is a senior-living development project financed across its life cycle? A common path: short-term land-acquisition bridge from us, then development-finance facility once planning is granted, then long-term operator finance once the village is built and occupied. We focus on stage one and bridge to the development-finance facility, which is where high-street lenders are willing to step in. ### How long does this kind of land-bridge loan run? 6 to 12 months typically. The Newton Mearns case used 11 months with rolled-up interest paid at the end, which suited a development scheme with no operating cash flow during the planning and pre-construction period. --- Markdown version of https://www.rikvincapital.com/uk/case-study/retirement-village-glasgow — provided by Rikvin Capital for AI agents. Site index: https://www.rikvincapital.com/llms.txt