Blue Shield Capital completes £3.4m bridge for resi portfolio acquisition




Specialist lender Blue Shield Capital has completed a £3.37m bridging facility to allow its client to purchase a portfolio of flats in Wembley and Harrow.

The 12-month loan has an LTV of 75% and will assist the borrower to purchase the properties as part of a restructuring of its real estate portfolio.

Blue Shield was assisted by broker Mountview Capital in this facility. 

The clients are experienced property managers with over 30 years’ experience in all aspects of real estate, from residential to commercial to student accommodation.

The company has a long-term investment strategy where they add value and undergo joint ventures to build their portfolio within the UK and European real estate market.

The borrower plans to exit the facility by means of refinancing with a term lender.

Jonathan Hitter, COO at Blue Shield Capital, commented: "We are delighted to have completed this loan for a very experienced residential investor.

"This was a very complex loan that required considerable flexibility from us and yet again shows our commitment to provide borrowers with quick and flexible capital."

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