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

    London Hotel

  • Loan Amount:

    £68m

  • Year:

    2018

  • Client:

    International Hotel Group

 

  • An international hotel group instructed us to arrange a loan facility secured against the UK’s first Nobu hotel located in Shoreditch, London.
  • The facility was used to repay a development facility put in place to fund the ground up construction of the luxury 148-room hotel.
  • We completed a £68.5m loan facility comprising £48.5m senior debt from pbb Deutsche Pfandbriefbank and a £20m mezzanine debt from funds advised by LaSalle Investment Management.
  • The Hotel only opened late 2017 so there had been no period of stabilisation and we had to find a lender that understood the hotel market in this area.
  • See “Press” section of our website for further details.