Case study: Cohort Capital saves £3.8m London development after contractor collapse
Original Article Summary
<p>Cohort Capital deployed a £3.8m bridging loan to rescue a stalled London residential development after contractor insolvency threatened to derail the project and strand an experienced sponsor without funding.</p>
PropMatch Curated Analysis
Cohort Capital provided a £3.8m bridging loan to rescue a London luxury residential development after contractor insolvency, using cross-collateralised security across four properties. The deal demonstrates how specialized lenders can provide rapid refinancing solutions for distressed development projects.
Investor Relevance
This case study shows developers how bridging finance can rescue projects from contractor failure, demonstrates alternative financing structures using cross-collateralised security, and highlights the importance of working with lenders who can move quickly in crisis situations. It also illustrates downside protection strategies and exit planning for completed developments.
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