Arc & Co teams up with Century Capital for £6.5m deal

Arc & Co has completed a £6.5m bridging loan with Century Capital, secured against a prime residential asset in London valued at £17.5m.

The client, a Syrian national and Monaco resident with a BVI ownership structure, will use the funds — agreed on a six-month term — for capital expenditure on a £150m GDV hotel development located in Vienna, Austria.

Andrew Robinson, CEO at Arc & Co (pictured above), said: “I would like to thank all parties involved in completing this deal, with special thanks to Century Capital, which was quickly able to understand the structure and complex nature of the deal, resulting in a swift completion during August.”

Paul Munford, CEO at Century Capital, added: “We are pleased to have completed another Arc & Co transaction on a prime property in Central London. 

“The complex and international nature of the deal was particularly appealing and handled very professionally by Arc & Co. 

“We value the relationship and particularly the proactive and responsive approach of Andrew and his team.”

Arc & Co is currently looking to arrange a refinance package for the hotel, which is set to be completed in the coming months.

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