Securing a €4.3M Loan for a Multi-Family Residential Development in Mainland Europe

Client Profile
Our client, an experienced real estate developer, approached us with a request to secure financing for a new project: a multi-family residential development in a prime location in mainland Europe. The project, required a €4.3M loan to cover construction costs and related expenses.

The Challenge
The client faced several challenges in securing the required financing, especially given the size of loan sought. The development was located in a region where the real estate market is highly competitive, and lenders often adopt a conservative approach to new projects. Additionally, the client’s portfolio, while substantial, included a mix of asset classes that made traditional lenders hesitant. Time was also a critical factor, as the client needed to commence construction within a strict timeline to meet contractual obligations.

Our Approach
We began by conducting a thorough analysis of the client’s financial situation, the proposed development, and the local market conditions. Our team recognised that a traditional loan might not meet the client’s needs due to the complexity of the portfolio and the tight timeline.

To overcome these challenges, we tapped into our extensive network of lenders who specialise in real estate financing and have a deep understanding of the European market. We identified several potential lenders willing to consider bespoke financing solutions. 

Our strategy involved:

•    Tailored Presentation: We prepared a comprehensive financial package that highlighted the project’s strong fundamentals, the client’s track record, and the potential returns.

•    Negotiation: We leveraged our relationships with lenders to negotiate favourable terms, focusing on flexibility in drawdown schedules and competitive interest rates

•    Speed and Efficiency: Understanding the urgency, we expedited the process, coordinating closely with all parties to ensure that due diligence and approval processes were completed swiftly.

Conclusion
This case exemplifies our expertise in navigating complex financial landscapes and delivering tailored multi-million euro international bridging solutions for our clients. By understanding the unique challenges and leveraging our industry connections, we were able to provide a financing solution that would enable our client to move forward confidently with their development project.