Imperial Blue

Imperial Blue completes £8.7m bridging loan



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Imperial Blue has funded the acquisition of a portfolio of residential apartments in Hampstead, north London.

The Mayfair-based structured finance and investment platform acted as facility agent on the transaction on behalf of a Middle Eastern investor.

The £8.7m bridging loan – on a 12-month term – is the first phase of the transaction, which was introduced to Imperial Blue by Fitch & Fitch director David Wise.

“We are thrilled to have completed our first deal with this borrower and I thank David Wise hugely for his experience and assistance throughout the process in navigating the complexities involved with a borrower in an offshore jurisdiction,” said Tom Harries, founder and owner of Imperial Blue.

“From the moment it was introduced, it was a case of all hands on deck to ensure we hit the completion deadline.

“We are happy to look at any bridging requirements from £500,000-plus and welcome anything that requires speed, flexibility and market-leading rates.”

David added: “Following a full review of the market, Imperial Blue offered the most competitive blend of pricing, flexibility and speed.”

 

 

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