GB Bank provides £9.4m refinance for West End mixed-use portfolio
Original Article Summary
Arc & Co. has arranged a £9.4 million refinancing facility from GB Bank for a West End mixed-use property portfolio. The five-year loan was structured at 71% LTV with a 6.2% fixed rate, using cross-collateralisation with a regional student accommodation portfolio. The post GB Bank provides £9.4m refinance for West End mixed-use portfolio appeared first on PropertyWire.
PropMatch Curated Analysis
GB Bank provided £9.4m refinancing for a West End mixed-use portfolio at 71% LTV and 6.2% fixed rate, using cross-collateralisation with student accommodation assets to support the deal. This demonstrates continued lender appetite for quality mixed-use assets despite tighter market conditions.
Investor Relevance
Provides current market benchmarks for mixed-use property refinancing in prime London locations, demonstrates innovative portfolio financing structures, and signals lender appetite for established mixed-use assets with quality ownership despite broader market concerns about office-heavy portfolios.
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