Press Release: Cohort Capital Funds £20m Bridging Finance for the acquisition of a Hyde Park Hotel – The Lancaster. Cohort Capital has completed a £20 million bridging finance facility to support the acquisition of The Lancaster, a prominent Grade II listed, stucco-fronted hotel overlooking Hyde Park in Prime Central London.
Designed by a British architect in the mid-19th century, the 54-key property spanning 41,371 sq ft represents an exciting redevelopment opportunity for the new owner.
The borrower is assessing several options including extensive refurbishment into a 67-bedroom boutique hotel, a 64 serviced apartments scheme, or a private members club.
The transaction was closed within three weeks, underscoring Cohort Capital’s continued momentum in the short-term real estate finance market, delivering rapid, flexible funding solutions for experienced borrowers across the UK. The quick and reliable funding offered by Cohort also assisted with negotiation process on the acquisition price. It brings Cohort Capital’s total loan book to £740 million, reflecting the firm’s growing footprint and appetite for high-quality opportunities across the property sector.
Matt Thame, Founder of Cohort Capital commented: “This type of bridging finance exemplifies Cohort Capital’s ability to navigate high-value assets in core London locations while delivering efficient and tailored funding solutions. On the same day terms were signed, our team issued instructions to valuers and key stakeholders, enabling the loan to proceed swiftly and within the borrower’s required timeframe. There was strong collaboration throughout the underwriting process, with clear transparency from the sponsor around their vision for this landmark building.”
The borrower shared: “We required a reliable funding partner to support a competitively priced acquisition in a prime location, and Cohort Capital delivered. The transaction was secured and completed within three weeks, with clear communication and swift execution throughout. We were impressed by the team’s responsiveness and ability to move quickly on this asset; this was a seamless experience from start to finish.”
— ENDS —
For further information contact:
Katrina Hindley, Marketing Director
Cohort Capital
Editor’s Notes:
About Cohort Capital
Cohort Capital is a leading short-term real estate finance provider, offering rapid, flexible funding solutions across the UK property sector since 2019. Backed by institutional and family office capital, with over 100 years of combined investment experience, Cohort delivers tailored bridging finance solutions between £1m-£100m+ for real estate professionals.