Arc & Co. structures £18.7m in funding to refinance commercial assets

By Bridging Loan Directory 16th February 2024

Specialist advisory firm Arc & Co. has secured £18.7m from a London based family office for two commercial funding transactions.

The first deal was the refinance of a retail and commercial asset in Ashford.

The gross loan of £6.2m facilitated the purchase of high-quality retail and office space in Bristol, with a strategy for value add, regearing leases and marketing to new prospective tenants.

The 62% LTV loan, headed up by Arc & Co. Director Cameron Hayes, is for a term of five years.

“It’s great to complete this with a lender that not only understands the intricacies of retail but also can get comfortable with an international borrowing structure,” Cameron, pictured, commented.

The second case involved the refinancing of a national leisure and office portfolio.

A gross loan of £12.5m at an LTV of 75% was secured for five years, allowing the client time and flexibility to restructure the group of assets.

Edward Horn-Smith, Arc & Co., Managing Director, said:

“It’s important when advising our clients that we provide them with the best possible options—not just based on pricing, but also by bringing in a funding partner that understands and supports the wider business plan.”