Seddons GSC has advised on a £33 million funding arrangement delivered by SHC Capital in partnership with GB Bank, supporting the acquisition of a mixed-use London property portfolio.
The deal was closed in just seven days, enabling the Borrower to move quickly on a high-value property acquisition in London. The transaction underlines the continued demand for flexible, fast-moving finance solutions in the property market, particularly where speed of execution is critical.
Simon Noonoo, partner in the Real Estate Finance team led the transaction, helping ensure the facility could be delivered diligently, and at pace.
Commenting on the deal, Simon said: “Another great instruction from GB Bank and many thanks to all the transaction parties and professionals who made this deal happen in only 7 days. As usual, it was a great pleasure working with Tony Tadros, director at SHC Capital, who structured the loan with precision.”
You can read more about the transaction here.