W2 Transactions in 2008
Debt
£600,000 mezzanine finance for residential site acquisition
£30m refinancing for residential development
€36.5m purchase of European hotel assets
Advice
Student accommodation developer/operator – analysis of new equity sources to fund continued growth of the business, and presentations to investors
Private insurance company – analysis and management of exposure to a portfolio of sub-prime second mortgage situations and potential exit solutions
Life company closed-end fund – advice on restructuring of £17.4m investment loan following breach of an LTV covenant, and subsequent negotiations with the lender
Previous Transactions involving W2 partners
Debt
£50m for office investment portfolio refinancing
£22.5m for City office investment purchase
€30m for office and retail investments in
£30m for residential development land purchases
Equity
£15m private equity fund investment into a JV with a
£50m private equity fund investment into a JV with a
Advice
European bank – market review, analysis and recommendations re proposed entry into UK development finance market
Middle East property company – review of strategic business plans for overseas expansion
UK charity – financing advice re sale of existing freeholds and relocation to new premises
AIM-listed property company – sale of business