Acquisition | Senior | Mezzanine

Large Real Estate Lending Solutions – Europe | U.S.A | Asia | Australia

Senior lending, mezzanine finance or whole loans are made against real estate, with the interest typically being paid by rental income generated by the underlying properties. Loans are secured against hard assets, ensuring that in any potential default scenario lenders have recourse to the underlying commercial properties to repay the loans.

Platinum Global Bridging Finance’s primary business is always centered around the UK and European finance sectors and real estate lending. Our lenders have deployed over $31 billion of capital since inception in 2009. With the global world now becoming more connected technology wise it makes sense for us to assist our clients and help them achieve their global property investment dreams and expansion plans in the global real estate and finance market. We offer seamless, customized solutions for borrowers—including first mortgages, subordinate debt, mezzanine loans, B-notes and preferred equity. Our lenders possesses the size and scale to serve as a one-stop financiers across the global markets, this coupled with Group’s expertise across virtually every real estate asset class we can help to source, structure and underwrite the largest property transactions.

Senior Loans and Mezzanine Lending Focus

Senior Loans – Western Europe, UK, Nordics, United States and Australia

Our lenders are dedicated to commercial real estate debt lending and combine their laser focus and extensive lending experience to streamline the commercial lending process. They are direct finance originators of first charge Senior Loans on acquisitions and recapitalisations, property improvements and lease-up across Office, Hotel, Logistics, Light Industrial, Student Housing, Retail and Hospitality sectors. The main countries our lenders presently focus on are Western Europe, UK, Nordics, United States and Australia. Rates range from 3.75% to 6% dependent on the case structure. Loan sizes range from €15 to €50 million (up to 75% LTV/LTC). They are structured on a term basis of 3 to 5 years with interest only options available.

Mezzanine Loans – Western Europe and the UK

Our lenders provide balance sheet capital for mezzanine lending for property acquisitions, recapitalisations, development and bridge financing. They are direct finance originators of first charge mezzanine lending on acquisition, refinance, development and bridge lending on Office, Hotel, Logistics, Light Industrial, Student Housing, Retail and Hospitality sectors. The main countries our lenders presently focus on are Western Europe and the UK. Rates range from 9% to 12% dependent on the case structure and on an inter-creditor agreement basis on origination . Loan sizes range from €4 to €10 million (up to 80% LTV/LTC). They are structured over 1 to 3 years (5 years if cashflow).

Types of Capital Available To Businesses

Case Execution

Lenders are focused on providing a timely solution orientated feedback with each case submission. The process is streamlined and controlled in-house and key decision makers are involved from inception through to closing to ensure each case receives the best attention it deserves. The underwriters deliver a common sense approval process to deliver the most optimal and best results for each case. The lenders have long term institutional capital that is constructed to weather real estate market risk, this helps them provide consistent and reliable funding for all transactions considered. Decisions are made in house at the London offices to speed up the process.

*Brief Explanation About Whole Loans

In the commercial real estate world, uni-tranche loans do not exist. In real estate ‘whole loans’ are pretty much the same as corporate uni-tranche financing’s. A single, first-ranking loan which covers both the senior debt and mezzanine tranches in a leveraged credit structure paying a blended return. Whole loans are secured against the real estate through a first-ranking legal mortgage. With senior debt currently limited to
circa 60 to 65 percent loan to value ratio (LTV), whole loans typically take leverage up to the 75 to 85 percent LTV ratios seen in mezzanine loans.

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