Cohort Capital completes £20m Mayfair refinance in three weeks
Original Article Summary
Cohort Capital has completed a £20 million loan facility secured against a residential property in Mayfair, refinancing a private bank facility for an existing client within a three-week timeframe. The loan is secured against a Grade II listed house valued at approximately £56 million. The post Cohort Capital completes £20m Mayfair refinance in three weeks appeared first on PropertyWire.
PropMatch Curated Analysis
Cohort Capital completed a £20m refinance on a £56m Mayfair property in three weeks after the borrower's private bank withdrew their facility. This reflects a trend of private banks requiring high AUM alongside lending, creating opportunities for specialist property lenders.
Investor Relevance
Demonstrates alternative financing routes when traditional lenders withdraw facilities, shows speed advantage of specialist lenders, and highlights the trend of banks linking lending to investment portfolios which could affect high-net-worth property investors
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