Funding line up to £200 million

  • Funding levels up to £200 million
  • Day 1 release minimum £20 million
  • Facility spread over 3 to 4 years
  • Type of funding - The whole capital stack of debt, mezzanine and equity
  • Maximum loan to costs - 95%
  • Developer input towards costs - 5%

 

Facility is Ideal for:

  • The hotelier wanting to expand the number of hotels in the portfolio
  • The build to rent developer/investor who wishes to expand rapidly with minimum own capital outlay
  • The student accommodation investor who wishes to expand their portfolio
  • The established  developer who wishes to take a more rapid approach to  expanding their company..

Preferred Sectors

  • Social Housing
  • P.R.S
  • Build to Rent
  • Student Accommodation
  • Hotel Purchase and Refits
  • Commercial to Residential conversions

Cost of Capital

10% to 15% coupon plus an equity kicker to achieve an IRR of 20%.

This means that;

An experienced Developer can move into a higher level in the sector

 

 

  Why Work With Us

At Catherine Spode and Associates we have a proven track record connecting developers with the right funds. There is a very particular process that needs to be followed when approaching major lenders and we will ensure your application proceeds smoothly without any hiccups.