|GROSS LOAN||LOAN TYPE||TERM||LTPP||LOCATION||MONTHLY RATE|
|c. £9.92m||Purchases / Refinance of Retail Assets||18 months||81% (incl mezzanine funding)||South and South East||Fixed rate with interest being serviced|
Complex and time sensitive bridging facilities to assist with the purchases of 2 shopping centres and a refinance of another. In order to meet the customer’s high leverage needs we worked alongside a mezzanine funder and provided 81% LTPP on the acquisitions.
Purchase and refinance of commercial real estate assets with asset management and residential development opportunities.
Experienced commercial property investors.
Terms and Timelines: Working closely with all stakeholders, including a mezzanine lender we were able to execute these transactions within a 14-day timeframe to meet tight deadlines.