“Market Financial Solutions has shown excellent appetite and understanding for this asset class, and their ability to maximise leverage is an important USP for high-value assets that are seeking to add value or reposition”
– Philip Kay – Arc & Co.
Arc & Co. has announced that it has completed a bridging transaction of £26m secured against a large prime central London property.
The gross loan of £26m, provided by specialist lender Market Financial Solutions, will refinance the existing term debt and release a small amount of equity for works that will improve the quality of the finished property.
The borrower, a repeat client of Arc & Co., has an impressive background in the property market.
Arc & Co. and the Market Financial Solutions team worked together to fund the deal in just two months, with Arc & Co. director Philip Kay (pictured) liaising between the lender and professional parties to ensure a smooth process for the client.
“This transaction demonstrates Arc & Co.’s ability to pivot quickly when challenges arise,” comments Philip. “When the original funding we had lined up withdrew unexpectedly, our team immediately leveraged our extensive network to secure an alternative.”
“Market Financial Solutions has shown excellent appetite and understanding for this asset class, and their ability to maximise leverage is an important USP for high-value assets that are seeking to add value or reposition.
“We’re pleased to have got this deal across the line for a repeat client, reinforcing our commitment to lasting relationships and understanding the unique needs of property entrepreneurs in an ever-changing market.”
Paresh Raja, CEO at Market Financial Solutions, added, “We take great pride in handling high-value cases like this, which require a bespoke and tailored approach to lending. We understand the unique challenges that these types of projects present, and I’m delighted we were able to provide the necessary support and flexibility that Arc & Co. and their client needed.”
Zahira Fayyaz, Head of Key Accounts at Market Financial Solutions said, “This was a case that really highlighted how we can look at and solve complicated real estate requirements in an always evolving market. I look forward to continuing our partnership and collaborating on similarly interesting cases in the future.”
Please visit:
Our Sponsor
