The client required the funding — agreed on a six-month term — to refinance the multi-storey office block to release equity.
The exit plan will be a refinance onto a commercial term mortgage.
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Amar Khiroya, principal and co-founder of Reim Capital, said: “We’re delighted with the continuous expansion of the portfolio into the Midlands.
“The team have worked extremely hard and we’re proud to have completed within 10 days.”
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