Charlemont Square

355,000 sq. ft. of office space, 30,000 sq. ft. of retail space and 288 new apartments

Charlemont Square, Dublin 2

Key Information

Together with a local senior lender, Cardinal provided mezzanine finance to the project for the construction of the apartment development required by Dublin City Council for social housing. Cardinal and McGarrell Reilly Group recently extended their funding relationship, with Cardinal participating in funding the apartments for the final phase of the Charlemont Square scheme.

mcgarrellreilly.ie

Milestones

2016:
Original loan advanced

2021:
Funding provided for final phase

Present:
Financing partnership remains active

Founder's View

Sean Reilly,
Executive Chairman

Cardinal was precisely the partner we needed as our transaction was dependent on speed, flexibility and certainty. Cardinal delivered exactly what they said they would in a timely manner.