Hotel Investment

On behalf of UK Investors, we were instructed to refinance a 140-bed hotel which our clients recently developed. Due to various delays and setbacks over Covid the borrowers had a tight timeframe to repay their existing development lender, so the refinance needed to be sourced, structured and put in place quickly.

We were able to arrange a bespoke 5-year, Interest Only Facility which enabled them time to stabilise the asset and maximise the income as well as provide the flexibility needed for them to manage and run the hotel.

The fixed rate nature provided them with certainty of their ongoing finance costs at time where interest rates were starting to rise following the unprecedented low cost of funding during covid.