"By designing a customised finance facility, we demonstrated the flexibility and innovation of our Structured Real Estate offering while ensuring the best possible outcome for the client."
- Karan Doshi - Shawbrook
Shawbrook's latest case study combined a bridge loan and an investment loan into a £29.6m single, bespoke facility — a notable innovation in addressing the challenges of complex property finance as the asset wasn’t stabilised. Typically, this would have involved the client working with two separate lenders and navigating the costs and risks of refinancing; however, Shawbrook created a hybrid structure, offering a five-year facility and completing it in a timeframe of six weeks.
Addi Spiers and the team from Addleshaw Goddard acted as the Lender’s legal counsel alongside Miles Hunter at Colliers for valuations and Michael Hulme along with Edward Register from Solutus Advisors as Facility & Security Agent.
“Shawbrook’s expertise was instrumental in delivering this bespoke solution, " explained Robert Kleinman, CFO at Brotherton Real Estate, "Despite the complexities, the team worked closely with us to design a facility that not only addressed the client’s immediate needs but also provided flexibility for future refinancing options. The client was delighted with the outcome, and we look forward to collaborating with Shawbrook again.”
Karan Doshi, senior relationship manager for Structured Real Estate at Shawbrook, added: “This transaction showcases Shawbrook’s ability to deliver bespoke solutions for complex property finance needs. By designing a customised finance facility, we demonstrated the flexibility and innovation of our Structured Real Estate offering while ensuring the best possible outcome for the client.
"The successful completion of this deal further solidifies Shawbrook’s position as a key player in Structured Real Estate, offering tailored solutions for complex cases with efficiency and expertise.”