Last minute deal restructure expands facility from 4 to 7 units
Last minute deal restructure expands facility from 4 to 7 units The refinance of the Mill Street development in Greater Manchester was a complex deal requiring agility and expertise. Initially, the borrower planned to refinance 4 out of 7 residential units with Hope Capital, while another lender would refinance the remaining three. However, unexpected last-minute […]
Providing breathing room to secure exit on 5 residential assets
Providing breathing room to secure exit on 5 residential assets Town Foot Rise, a residential development in Northumberland, required a well-structured development exit loan. The borrower had fully developed 7 residential properties with 2 already sold. However, to avoid rushing the sale of the remaining 5 properties which could cut in to return on investment, […]