- Overseas client instructed us to arrange a long term acquisition facility for a prime office building in mid-town. Requirement for 10 year+ loan at modest leverage.
- Delivering the most competitive fixed rate in the market was key from a lender who could perform quickly and meet agreed completion timetable.
- Property was c.80% let to a single tenant with limited financial information available which complicated the underwriting.
- We completed a 15 year facility within 7 weeks from the first meeting with the lender on very competitive terms.