Completion of a £11.75m Term Facility
Castlehill Capital were delighted to close out the year with a £11.7m facility to assist with the acquisition of 5 self storage sites around the UK.
Working closely with our introducing partner and ensuring the funding process ran as smoothly.
We inevitably encountered a few bumps on the way. But we were able to assist in resolving these quickly. And the client was finally able to drawdown the funds on Friday 21st December. Meaning all involved could enjoy the festive break.
A good sponsor with a well thought out business plan. Supported with good quality assets were the key to getting this deal over the line.
It’s the largest deal that Castlehill Capital completed in 2018 and we are already working on a few commercial property deals that would eclipse this in 2019.
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