Leading real estate debt advisory Karis Capital has completed an impressive £5.5 million deal for a renowned property investor, seeking to secure a commercial investment loan for a large portfolio based in South East London.
This tailored financial strategy enabled the client to raise additional capital by moving from a high street lender to a challenger lender, with Karis Capital securing more flexible terms, which allowed them to successfully fund further property acquisitions, significantly expanding their portfolio.
The returning client, both an eminent property investor and landlord, was looking for a unique facility that would accommodate the bespoke structure of their 10-unit portfolio, with two units being exclusively operated by the client themselves, while the remaining eight units were being let under an Operating Company and Property Company (OpCo-PropCo) structure.
Karis Capital’s Director of Commercial Finance, Paul Debney, was able to curate a suitable facility that seamlessly adapted to the client’s financial requirements, securing a deal that covered two pre-existing loans, one being granted under an OpCo-PropCo structure and the other serving as a commercial investment loan.
Paul Debney swiftly sourced a lender that was able to provide full approval for an interest-only loan in a record time frame of just 7 days, while the OpCo-PropCo arrangement was completed within 4 weeks and the commercial investment facility within six weeks.
Paul Debney, Director of Commercial Finance at Karis Capital, commented: “It has been truly rewarding being able to support and deliver on this bespoke deal, especially having the capacity to efficiently meet the client’s needs and expectations with no compromise in such a short period of time.
“The client came to Karis as a returning investor, placing full faith in us that we would be able to fulfil their request without exception, trusting us to prioritise their long-term financial strategy when it came to expanding and strengthening their commercial portfolio.”
“This deal holds testament to the extensive business relationships that we nurture from start to finish at Karis Capital, working quickly and effectively with each investor to achieve their goals, no matter how challenging or complex.”
Karis Capital’s service offerings have seen their real estate finance team work alongside leading prime property developers for a number of high-profile projects in recent years, with a rapidly growing presence across the industrial and logistics sector.
Karis Capital’s unrivalled hands-on experience helps guide their clients to the best rates and lenders in the markets while also pursing maximum returns, building long-standing relationships with finance leaders, valuers and lawyers to ensure smooth transactions throughout.