The 50% LTV ratio loan for the 1,200-acre estate property has over 20 outbuildings and served as a prominent filming location for an international movie franchise in the 1960s.
Cohort Capital was approached by MFL Finance after the borrower sought to refinance away from a private bank arrangement tied to assets under management.
This shift allowed the borrower greater control over the estate while moving to a dry lending structure and freeing up liquidity.
Cohort Capital tailored a bespoke financial solution, given the estate's small income, that incorporated some interest roll-up, offering the borrower financial flexibility during.
Matt Thame, co-founder and CEO at Cohort Capital (pictured above), commented: “Facilitating a deal for such a culturally significant property was a privilege for Cohort Capital.
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“We carefully considered the borrower’s specific requirements, structuring the loan to provide both financial relief and greater control.
“We are pleased to have worked with MFL Finance to help the borrower achieve a smooth transition away from traditional arrangements. We look forward to continuing to support our clients’ financial needs with the same level of attentiveness."
Raed Hanna, managing director at MFL Finance, commented: “At MFL Finance, our goal is to guide our clients through intricate refinancing scenarios, and working with Cohort Capital enabled us to deliver precisely what this borrower needed.
“Cohort Capital was a simple choice — we knew their expertise and flexibility in structuring bespoke lending solutions would ensure an effortless transition, offering our client financial freedom and control over this remarkable estate.”
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