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Cohort Capital completes £12.4m loan for the acquisition of a prime residential property in Mayfair in just under 10 days.

The borrower sought Cohort Capital's assistance after facing delays with their previous lender, which jeopardised the completion of the purchase. Cohort Capital provided the necessary funds in just under 10 days, giving the borrowers the time needed to acquire the property.

The 12-month bridging loan, has been secured against a prime residential property on Charles Street, Mayfair which was being acquired for £20m. The nine-bedroom residence spans nearly 14,000 square feet and boasts amenities including a cinema, gym, wine cellar, and swimming pool.

Originally built in 1753, the  Grade II listed ambassadorial mansion showcases a Queen Anne façade, behind which developers have undertaken a comprehensive redevelopment. It includes a rear mews house connected over three levels, combining heritage architecture with modern functionality in one of London’s most prestigious addresses.

The borrower sought Cohort Capital’s assistance after facing delays with their previous lender, which jeopardised the completion of the purchase. Cohort Capital provided the necessary funds in just under 10 days, giving the borrowers the time needed to acquire the property.

Matt Thame, Co-Founder of Cohort commented, ‘Our ability to be flexible in situations such as these is what sets us apart.

Unlike traditional lenders who are constrained by stringent due diligence processes and funding line controls, our access to discretionary capital allows us to make swift, independent decisions. We are ideally positioned to deploy capital into private credit transactions, particularly those involving prime residential property and other areas underserved by flexible and experienced private capital. If you are facing similar challenges, we encourage you to reach out to us.”

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