In June 2026, Atelier reported a significant achievement by completing over £84 million in new development finance lending. This marks the company’s most successful month since its inception in 2019, particularly in the increasingly competitive environment for purpose-built student accommodation (PBSA) and residential financing. Developers are now more inclined to rely on lending partners they trust, seeking dependable execution and a collaborative approach to closing transactions. Chris Gardner, CEO of Atelier, expressed pride in reaching this record, noting that it reflects the strength of the company’s relationships and the confidence that brokers and borrowers place in Atelier’s capacity to deliver effective solutions.
The Financing Breakdown
Among the notable transactions, Rengen Developments secured a £16 million facility aimed at refinancing and refurbishing the Sedler Court PBSA scheme located in Cambridge. The £16 million loan was facilitated by SPF Private Clients and underwritten by Atelier Capital Partners at a loan-to-gross development value (LTGDV) of 70%. This deal signifies a new chapter in the established relationship between Rengen and Atelier, as Atelier had previously financed four schemes for Rengen in 2023 alone.
Market Insights
Matthew-Blaine Young, Head of Origination at Atelier, attributed the strong performance to enduring relationships and relentless effort. He emphasised the company’s commitment to delivering value to its borrowers and broker partners. The current activity levels in the market are encouraging, and Atelier is eager to support more high-quality schemes in the forthcoming months. This trend highlights the resilience of the UK PBSA market, where sustained demand for student accommodation continues to drive financing opportunities.