South Kensington Building

IPCA Group worked with an American company who were looking to refinance existing bridging finance on their commercial property purchase.

Due to the intercompany structure, and the complexity of the American background, the team approached alternative lenders who could fully understand the client’s requirements.

IPCA Group worked closely with the bank and the client to iron out any complexities in the transaction and ensure a timely completion to refinance the client from their high bridging commitments.

The Highlights

• Mixed use office and residential building
• Property Value: £10,000,000
• Loan Value: £5,000,000
• Refinance of bridging loan
• 3.25% over libor
• Five year term
• Interest Only