CapitalRise Structures £8m Aparthotel Development Facility in Hammersmith 2026

Key Points

• CapitalRise, alongside Voltaire Financial, has structured and completed an £8 million development facility for a mixed-use scheme on Fulham Palace Road in Hammersmith.
• The redevelopment project comprises a 40-key tech-enabled aparthotel alongside a fully refurbished public house.
• The loan was originated by Katy Katani, Director at CapitalRise, expanding the lender’s presence across prime London and Southeast real estate markets.
• Fast-growing European hospitality operator Numa Stays has been appointed to lease and manage the 40-key short-let facility.
• The transaction represents CapitalRise’s inaugural funding arrangement for a dedicated aparthotel development, following prior funding facilities for hotel conversions in Bloomsbury and short-let assets in South Kensington.
• Execution required a bespoke, highly customized loan structure due to the scale and complex mixed-use nature of combining hospitality and pub assets within a single development site.

Hammersmith (West London News) August 18, 2026 – Prime property finance specialist CapitalRise, working in conjunction with advisory firm Voltaire Financial, has formally secured and completed an £8 million development debt facility for a significant mixed-use urban regeneration project located on Fulham Palace Road in Hammersmith, West London. The prime development project encompasses the comprehensive structural transformation of the site into a 40-key, technology-driven aparthotel alongside the extensive restoration and refurbishment of an adjoining historic public house.

The originations process for the multi-million-pound loan facility was led and executed by Katy Katani, Director at CapitalRise.

The deal underscores the specialist lender’s strategic objective to expand its financing footprint across prime London boroughs and wider Southeast locations.

The residential and commercial scheme is situated in an active local authority regeneration corridor, where robust property valuations and sustained capital growth continue to attract substantial institutional investment, commercial operators, and private real estate developers.

Under the operational agreements established for the asset, European hospitality brand Numa Stays will lease and manage the completed 40-unit aparthotel. Numa Stays specializes in modern, tech-integrated guest accommodations integrated with eco-friendly operational features.

This financial arrangement represents a structural milestone for CapitalRise, marking the company’s first dedicated aparthotel funding package. The transaction follows earlier commercial debt deployments by the firm, including the debt financing of a hotel conversion scheme in Bloomsbury and a prime short-term stay residential asset in South Kensington.

CapitalRise confirmed that delivering the debt agreement required a tailored, bespoke lending framework to address the operational and legal complexities of a dual-purpose commercial and hospitality asset, emphasizing that rapid deal execution was critical to completing the £8m funding.

What Are the Core Details of the £8m CapitalRise and Voltaire Financial Deal?

The primary component of the transaction involves an £8 million property development loan structured by property finance marketplace CapitalRise alongside debt advisory specialists Voltaire Financial. The capital allocation directly funds the construction and adaptive reuse work required for the mixed-use plot situated on Fulham Palace Road, Hammersmith.

The redevelopment strategy splits the physical asset into two core commercial functions:

1. A 40-unit modern aparthotel designed to serve short-stay, long-stay, and business travelers visiting West London.
2. The full structural update, internal fit-out, and commercial refurbishment of an existing public house located on the ground level of the property footprint.

The loan origination was overseen by Katy Katani, Director at CapitalRise. Katani noted that originating this facility aligns with the lender’s explicit strategic mandate to back high-caliber commercial and residential developments across London and prime Southeast regional markets.

Who Is Operating the New Hammersmith Aparthotel Facility?

Operating rights and lease agreements for the 40-key aparthotel have been secured by Numa Stays. Operating across key European metropolitan centers, Numa Stays has established a commercial presence through tech-enabled, fully digitized hospitality operations designed to streamline the guest experience while reducing overhead costs.

Numa Stays incorporates smart-access digital systems, automated check-in procedures, and sustainable building technologies across its portfolio.

The Hammersmith site will expand Numa Stays’ UK operational footprint, integrating sustainable operational frameworks into the Fulham Palace Road development.

The wider Hammersmith and Fulham area has seen prolonged municipal backing for commercial infrastructure projects.

Combined with strong residential house price growth and sustained tenant demand across the borough, the location presents commercial operators with steady footfall and high occupancy fundamentals.

Why Did the Deal Require a Bespoke Financial Structure?

CapitalRise highlighted that underwriting the Fulham Palace Road development presented unique structural challenges compared to standard residential or single-tenancy commercial funding.

Because the development merges short-term commercial hospitality (the aparthotel) with a traditional retail/leisure asset class (the refurbished public house), traditional off-the-shelf debt facilities were unsuited for the transaction.

CapitalRise assembled a customized debt agreement capable of accommodating the dual income streams and operational frameworks of both the pub and the tech-enabled short-let units.

Execution velocity was cited as a pivotal factor in closing the £8m deal, with the lender’s specialized underwriting team acting quickly to structure, evaluate, and deploy the debt capital alongside advisors from Voltaire Financial.

The completed debt facility expands CapitalRise’s growing portfolio within the broader hospitality sector. The lender had previously deployed development capital toward a notable hotel conversion project in Bloomsbury, central London, as well as financing a high-end short-let residential building in South Kensington.

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Background of the Particular Development

The mixed-use transaction on Fulham Palace Road arrives against a backdrop of evolving urban real estate dynamics across Inner London boroughs.

Over the past decade, the London Borough of Hammersmith and Fulham has undergone sustained public and private investment, driven by town hall regeneration schemes, transport connectivity enhancements, and commercial redevelopment around the Hammersmith Broadway and White City hubs.

At the same time, the broader hospitality sector has shifted noticeably toward flexible, extended-stay models. Traditional hotels are increasingly complemented by “aparthotels”—hybrid accommodations combining residential apartment amenities (such as private kitchens and dedicated workspaces) with digitized hotel services.

Specialist lenders have adapted their credit risk models to accommodate these hybrid operational platforms, which often yield higher average daily rates and better occupancy resilience during economic fluctuations compared to traditional commercial real estate assets.

CapitalRise’s foray into the sector reflects an ongoing trend where non-bank lenders and specialized debt marketplaces step in to fill liquidity gaps left by traditional high-street financial institutions, particularly for mid-market developments requiring non-standard, flexible loan architecture between £5m and £25m.

Prediction: How This Development Can Affect Stakeholders and the Local Economy

The completion of the £8 million financing package and the arrival of the mixed-use scheme on Fulham Palace Road are anticipated to create widespread knock-on effects across several key market segments in West London:

• Local Residents and Neighboring Businesses: The physical restoration of the public house restores a community asset while modernizing the streetscape along Fulham Palace Road. Nearby retail outlets, cafes, and restaurants stand to benefit from a consistent influx of short-term visitors staying at the 40-key aparthotel, providing sustained localized daily spending without placing long-term pressure on local public service infrastructure.
• Property Developers and Alternative Lenders: The successful closing of a complex, dual-purpose asset using specialized debt sets a strong precedent for mid-market UK real estate developers. It demonstrates that non-bank alternative lenders like CapitalRise remain active and willing to structure tailored facilities for non-standard, mixed-use commercial projects, likely encouraging similar adaptive-reuse redevelopments across London.
• The Regional Hospitality Sector: Numa Stays’ expansion into Hammersmith accelerates the adoption of tech-driven, low-overhead hotel models in UK urban centers. As digitized, sustainable aparthotels gain market share, traditional hospitality operators in West London may face increased pressure to modernize their booking, check-in, and energy-management technologies to remain competitive.