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..
- Social Housing
- 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.