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

    Hotel Portfolio

  • Loan Amount:

    €139m

  • Year:

    2014

  • Client:

    German Hotel Group

  • Leading European hotel group instructed us to refinance a portfolio of 8 hotels in Germany and The Netherlands.
  • Hotels were all owned and operated by the group, some under franchise agreements with major brands, and some as independent boutique hotels.
  • Client was looking to consolidate its borrowings across these assets and release equity for deployment elsewhere on the most competitive terms possible.
  • The financing was ultimately closed with a single German lender in what was one of the largest bilateral deals in the sector with a German Bank since the downturn.
  • The key to success was overcoming the challenge of financing a managed (as opposed to leased) portfolio of hotels across two countries.