CapitalRise and Voltaire Financial Structure £8m Development Facility for 40-Key Luxury Aparthotel in Hammersmith
CapitalRise has completed an £8m development facility to support the creation of a mixed-use, 40‑key aparthotel and public house redevelopment on Fulham Palace Road, Hammersmith. Originated by Katy Katani, Director at CapitalRise, the deal further reinforces the firm’s commitment to backing high‑quality schemes across London, the Home Counties and beyond.
The development will deliver a contemporary aparthotel operated and leased by Numa Stays, a fast‑growing European hospitality brand offering modern, tech‑enabled accommodation with sustainable amenities designed for today’s travellers. Alongside the serviced units, the scheme also includes the refurbishment of a public house.
The location sits within one of West London’s most active redevelopment areas, with the local authority fully supporting the regeneration. Recent market data also indicates that average property prices in Hammersmith and Fulham have risen by 9.2% over the past three years, underlining its ongoing appeal to residents, investors and operators alike. With strong transport links, increasing investment activity and continued urban renewal, the scheme is well placed to benefit from sustained demand.
CapitalRise has previously funded the conversion of a Bloomsbury hotel into 28 self‑contained short‑term let apartments as well as a 23-unit scheme in South Kensington, but this Hammersmith project represents the first aparthotel scheme supported by the lender – demonstrating the firm’s continued evolution across the operational living sector.
The loan completion required a highly tailored solution. CapitalRise structured a facility to meet the complexities of the transaction and took a bespoke approach to the funding requirement.
The deal was introduced by Dorothée Dembiermont of Voltaire Financial, who has a longstanding relationship with both CapitalRise and Katy and who acted as exclusive debt advisor to the Borrower. This, combined with her understanding of CapitalRise’s lending approach, enabled her to structure the funding package to align with all the Borrower’s needs.
Katy Katani, Director at CapitalRise, commented:
“It has been a pleasure working with Dorothee and our Borrower on this significant project. This facility reflects our ongoing commitment to backing exceptional projects alongside experienced partners. The scale and mixed‑use nature of the scheme required a lender able to respond quickly and constructively, and I’m pleased we could collaborate closely with the borrower and this top tier intermediary relationship to deliver a structure that enables the next phase of this transformative development.”
Dorothée Dembiermont, Co-Founder of Voltaire Financial added:
“This was a transaction that required a lender that could think laterally. CapitalRise’s ability to provide a structured facility here – that a more mainstream lender would have struggled to support – was crucial. The combination of a high-quality operator in Numa Stays, a compelling West London location, and a mixed-use scheme with community benefit ticked many boxes. Voltaire Financial specialises in facilitating these types of structure transaction, and I’m proud of what the team achieved together. “
The Borrower commented:
“We are delighted to have closed this transaction in the rapidly growing Hammersmith & Fulham sub-market, an area in which we hold strong conviction. It was a pleasure to work so closely with both Voltaire and CapitalRise to get the construction facility over the line and break ground on site – a genuinely collaborative effort, with every party rolling up their sleeves to get the deal done. We are equally excited to have partnered with Numa as our hotel operator and have real conviction in both their business model and their continued growth across Europe.”
This Hammersmith aparthotel scheme highlights CapitalRise’s commitment to supporting exceptional projects in London and the South East’s most dynamic growth areas. As the largest multi‑unit development funded by the lender to date, it underscores CapitalRise’s ability to move decisively on complex opportunities and support projects that combine strong local demand, experienced delivery partners, and high‑quality design.
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