Winner of Debt Advisor of the Year in the Real Estate Capital 2017 Awards London:
  • Finance:

    Bridge to Planning

  • Loan Amount:

    £21m

  • Year:

    2017

  • Client:

    Private Developer

  • Experienced residential developer required a short term facility to fund the acquisition of a 200,000 sq ft regional city office campus.
  • A highly leveraged facility was delivered in 5 weeks from first approaching the lender, allowing our client to complete the acquisition prior to PD being secured.
  • The facility allowed for a further drawdown once PD had been secured a few weeks after closing.
  • A highly competitive bridging rate of 0.65% per month was arranged with a minimum interest term of only 1 month.