Real estate debt
Acquisition and refurbishment finance
Acquisition and renovation of homes and buildings, change of use and value add transactions.
Transactions we finance
Full refurbishment of residential buildings, purchase and renovation of homes for resale (flipping), change of use from offices, retail units or shopping centres to housing, and the repositioning of tertiary assets.
How it is structured
Usually in two tranches: one for the purchase, with a mortgage secured on the asset, and one for the works, drawn down against construction certificates as they progress. We negotiate the percentage of each tranche, the grace period and the cancellation terms against sales.
Frequently asked questions
Are the purchase and the works financed in the same loan?
Yes, that is common in alternative financing: a single loan with two tranches and a drawdown schedule.
How much of our own funds are required?
It depends on the asset, the business plan and the developer's track record. We compare offers to keep it at the lowest reasonable level.
Do you finance change of use?
Yes, provided there is a town-planning analysis supporting the new use and a realistic licence timeline.
Contact
Tell us about your transaction
We review your case confidentially and reply within 48 hours at the latest.