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Eldridge and Starwood back Nine Elms luxury resi scheme to tune of £193.5 million

Scheme is one of two Ballymore and Penta joint venture is working on
The Capston in Embassy Gardens. (Ballymore)
The Capston in Embassy Gardens. (Ballymore)
CoStar News
December 17, 2025 | 9:45 AM

Eldridge Real Estate Credit, the real estate investing platform of Eldridge Capital Management, and affiliates of Starwood Capital, has agreed an £193.5 million loan to Ballymore Group and Penta Real Estate to finance The Capston, a residential riverside development in Nine Elms on the south bank of the River Thames.

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News | Eldridge and Starwood back Nine Elms luxury resi scheme to tune of £193.5 million