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Versatile financing solutions
for the middle market

The mezzanine finance market is now an established part of Real Estate funding structures. Bircroft has seen Senior debt stabilising at around 65% LTV, prompting lenders to offer mezzanine finance up to 90% LTV for both development and investment.

As such, we can ensure that our clients have access to the most competitive mezzanine in the market together with a smooth delivery in conjunction with a senior lender.

CRITERIA CONSIDERATIONS

  • The client must be able to show a strong track record and relevant experience
  • Real estate transactions must demonstrate a clear exit or repayment strategy within the short to medium term
  • A client’s non-core assets need to have enough yield or development angles to support the higher cost of mezzanine finance

FUNDING STRUCTURE

£1-20m

Total Commitment

Investment &
Development

Type

1-3 yrs

Term

6-15%

Pricing

Featured Image

Central London – Value £20.5m

Maximising client's return

With ‘Planning Consent’ delayed due to unforeseen circumstances, a re-finance of a stretch senior development funder whose loan was due to expire was required, which included a small amount of construction funding to finish the scheme and then hold during the sales period.