Merricks Capital to fund $200m hotel development
The private lender sees significant potential in bank-reliant New Zealand.
Andrew Bevin
Thu, 08 Jul 2021
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Summer features
Private lender Merricks Capital is financing the $200 million development of a 43-storey hotel-dominated project under way on Auckland’s Albert St, as it makes a wider attack on taking market share from bank lending.
The three-year build of 51 Albert, which is about to start following the
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Andrew Bevin
Thu, 08 Jul 2021
Contact the Writer: andrew@nbr.co.nz
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Merricks Capital to fund $200m hotel development
Property,
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