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Leumi provides £20m hotel refinance loan




Leumi UK has approved a £20m loan to Starboard Hotels to refinance its Hampton by Hilton London Park Royal asset.

The lender has a longstanding relationship with Starboard after first providing financing for a portfolio of hotels in 2017.

Located in the Park Royal area of northwest London, the Hampton by Hilton is a 162-room hotel positioned to serve both corporate and leisure customers.

Starboard Hotels owns and operates independent and franchise hotels with a portfolio of 21 sites across the UK, including brands such as Hilton, IHG, Wyndham, and Accor.


Soraya Shamji, relationship director at Leumi UK, said: “This transaction highlights what differentiates us a lender, as we were able to deliver a tailored, bespoke facility in just a couple of months.

“Starboard Hotels is a best in class operator and the Hampton By Hilton London Park Royal is a high quality asset in an excellent location.”

Paul Callingham, chairman at Starboard Hotels, added: “Leumi UK’s flexible and relationship-driven approach is a key differentiator and was a crucial factor in our decision to proceed with this facility.

“Leumi UK’s commitment to understanding our needs and providing a bespoke financing solution was integral to the success of this transaction.”

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