Cohort Capital has arranged a £18.4 million mezzanine loan, secured against the St James’s Hotel and Club, located in London. The financing facility was provided to support the refinancing of the luxury hotel, which is situated in the St James’s district of the capital.
The St James’s Hotel and Club is recognized for its five-star accommodations and has a long-standing reputation in the hospitality sector. The property is known for its exclusive location and high-end services, attracting both business and leisure guests.
The mezzanine facility from Cohort Capital is intended to assist with the refinancing process, providing additional capital to the hotel’s owners. This financial arrangement is part of a broader trend of alternative lenders supporting the hospitality industry with flexible funding solutions.
Further information about this development can be found at this link.