Excellion Capital > Transactions > Pref-equity investment in a prime office-to-resi scheme in Brighton

Pref-equity investment in a prime office-to-resi scheme in Brighton

 

 

  • Participated in a ‘preferred equity’ investment in the acquisition of a prime office building in Brighton
  • Arranged a senior debt package (comprising an acquisition loan, a refurbishment loan and a VAT loan)
  • Office building located in a prime location in Brighton
  • Building is being converted into 52 residential flats
  • An independent valuation has put the gross development value of the scheme at £20.7m