Portman Square, Marylebone

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Portman Square, Marylebone

£4.5m
Loan amount
12 months
Loan term
60%
Loan-to-Value

Cohort Capital have completed a £4.5 million short term loan to a European based hotelier who required the funds to cover operational costs for their hotel group.

The deal was finalised in just 3 weeks from the original enquiry, after the borrower had approached other bridging lenders and banks but failed to secure loans due to a sub-70-year lease.

Cohort Capital were able to understand the lease premium and our lending position meant that Cohort Capital could serve the relevant notices to the freeholder.

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