A fantastic completion to end the week on. Daniel O’Neil, Director in our Real Estate – Debt Advisory team, completes on a £26.3m commercial investment loan with Lloyds Corporate.
Dan comments: “I am delighted to have completed this loan with Lloyds on behalf of The Shah Family. In a sector where funding has become increasingly problematic due to rising interest rates and debt serviceability, we are very pleased to have assisted in structuring a hedged facility that aligns with the sponsors continuing growth ambitions.”
Client Raj Shah comments: “Many thanks to Dan & Lloyds Corporate for their hard work over the last 6 months in helping to structure these loans. We have had to counter multiple rate rises during this period but the deal certainly enables us to continue with our acquisition drive.”