Lillian Penson Hall, Paddington

A highly credible developer approached us for an acquisition facility to assist with the purchase of a 103,000 sq.ft PBSA block in Central London. The purchase was a simultaneous exchange and completion, with a hard deadline attached to the offer.

Cohort transacted within 11 days, assisting the buyer with the acquisition amount reliably and at a record breaking speed. The borrower will go onto deliver the planning permission for 320+ student beds and look to operate the asset once the refurbishment works have been completed.