Mixed Use Portfolio
International Family Office
- UK based family office instructed BBS to refinance a mixed use portfolio – student accommodation, retail, office and residential assets located around Central London.
- Most assets had been / were being repositioned so we needed to gain a detailed understanding of each asset’s business plan.
- The office income which accounted for a material element of the total was let to a single tenant – start-up business – which further complicated the underwriting.
- We delivered a very competitively priced term loan with a high street lender in spite of the challenges involved.