Genesis Homes, Stainburn
Investment £1.7m | 82 Homes
Region: The North West and Northern Ireland
Size: 50-150 homes
HGP has invested £1.7m alongside Genesis Homes to deliver 82 new homes, including 4 affordable, in the desirable village of Stainburn, Cumbria. The investment will unlock an exclusive development which will provide a mix of 2, 3 and 4 bed high quality family homes. More information on the development is available on the Genesis website.
This is HGP’s sixth investment with Genesis as we continue to support the management team’s ambitions to become a significant regional housebuilder. By partnering with HGP, Genesis is able to efficiently deploy its capital; reducing the amount of equity it has to commit to the Stainburn development and releasing funds to accelerate other schemes in the company’s pipeline.