Cohort Capital provided a £14.3 million loan to refinance an existing lender who had overseen the refurbishment of two prime apartments within St James’s House, a Grade II listed building in central London. The refinance allowed time for the borrower to secure longer-term mortgage finance with a private bank, offering flexibility and continuity following a substantial capital investment in the property.

Originally constructed in 1905, St James’s House was returned to its original grandeur through a complete rebuild and refurbishment in 2018. The building now comprises eight luxury apartments, alongside premium amenities including a private gym, pool and spa. The loan was secured against two interconnected units: The Buckingham Apartment, a four-bedroom triplex spanning the lower ground, ground and first floors and measuring approximately 10,470 sq ft; and The Lancaster Apartment, a one-bedroom unit on the lower ground floor measuring approximately 1,078 sq ft. The Sponsor had recently completed a further £2.5 million refurbishment, leaving both apartments in exceptional condition.

This transaction reflects Cohort Capital’s ability to support high-net-worth borrowers with tailored, time-sensitive solutions. It demonstrates our appetite for lending against high-quality assets in prime locations, and our capacity to move quickly and decisively in complex scenarios. The refinance strengthened our relationship with the borrower and reinforced our reputation for flexibility, discretion and deep market understanding.