The loan enabled the borrower to refinance existing debt, consolidate financial commitments, and secure the necessary flexibility to elevate sales without undue pressure.
Arc & Co. has announced that it has completed a £59m loan with Atlas Capital Partners to refinance existing bank debt secured against a UK-wide hotel portfolio.
The borrower intends to complete the refurbishment in phases to ensure that each property is fully restored before being sold individually, thereby maximising the portfolio's overall...
Valuations for the transaction were undertaken by CBRE, and legal due diligence was provided by Philip Lee LLP in Dublin and Trowers & Hamlins in London.
The funding facilitated the refinancing of multiple large-scale residential properties across Manchester and West London, unlocking equity for future investment