Skelton Secures $15m Construction Facility with Pallas Capital for Awaken

Skelton Secures $15m Construction Facility with Pallas Capital for Awaken

Skelton has partnered with Pallas Capital to fund the construction phase of Awaken – Brighton. The $15 million facility will cover all construction costs and additional working capital on a cost to complete basis.

“This agreement and partnership shows great confidence in the Awaken development. We’ve strived from the beginning to create something that differs from the wider Brighton market. This luxury development, with efficient floor plans offers competitive prices in the luxury Bayside market.

“We look forward to completing Awaken in partnership with Pallas Capital in late 2022”, says Michael Skelton, Managing Director.