Hotel Financing in These Troubled Times

Location: Middle-East Funds

Name: TBA

Loan Value: From £8m to £50m+


The Fund: We have been approached by a family office, known to THPT, who have £1bn funds, which they are prepared to loan to hotel industry players, amongst other industries. This includes, but is not limited to, metal, property, and receivables.

Their in-house decision-making is up to speed, as what is expected from a boutique financier. Their swift action is not limited by purely formula based funding rules.

They will deliver where others won’t and are open to Joint venture opportunities. Their confidence comes from the continued success in delivering £500m – £1bn facilities that can be deployed to property owners, developers and businesses with property assets, whose cash may be starting to or has ran out in their business or development site/s mid-build.

Not least of all, in these times, hoteliers may be struggling to secure payment holidays with their current lenders. The minimum they are looking at for a project would be £8m, although they may consider slightly less if there is a clear opportunity, the interest rates vary project to project.

If you are interested please us at THPT, with the following information about your request.

• Location e.g. Central London (we don’t need the full address at this stage)
• GDV or Value of the Property, in normal trading times
• How far they you from completing the project, if it’s a development site, or opened/opening date
• Current Debt Terms – amount, current rate and length of current loan term
• How much you will need to borrow

This will be assessed to confirm if the facilities can support your borrowing requirements and, if it does, one of the team will be in contact to discuss the options available and how to move forward.

Main Photo: Cash….courtesy Express & Star

Tenure: Freehold or leasehold

Agent: THPT

Date Posted: March 2020

THPT Comment: Financial loans, more entrepreneurial than conventional clearing bank rules, must be very welcome at this time.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.