REIM Capital racks up five deals totalling over £11m in 10 days
By Tara SammonsREIM Capital has completed five commercial bridging loans totalling over £11m in 10 working days, supporting a series of acquisitions at an industrial park in Southall, west London.
Section: Case Studies
These first-charge bridging deals, all with a term of 12 months, included:
· a £2.2m loan at 61.89% LTV
· a £1.8m loan at 62%
· a £2.6m loan at 64.87%
· a £1.96m loan at 62%
· a £2.2m loan at 65.9%
Kunal Vaitha, principal and co-founder of Reim Capital (pictured above, right), commented: "This set of completions showcases the speed, efficiency and close collaboration our team is known for.
“Funding five commercial bridging loans totalling £11m in just 10 working days demonstrates our ability to execute at scale while maintaining the high level of service brokers and clients expect from REIM Capital.”
Pictured above left to right, Amar Khiroya and Kunal Vaitha, principals and co-founders of Reim Capital.
Keywords: REIM Capital bridging loans, commercial property finance, Southall industrial park, £11m loan completions, 12 month bridging term, REIM Capital £2.2m loan, REIM Capital £1.8m loan, REIM Capital £2.6m loan, REIM Capital £1.96m loan, REIM Capital £2.2m second loan, Kunal Vaitha REIM Capital, REIM Capital co-founder