Capital Advisory
First Mortgage Bridging for a Hospitality Asset
Short-term first mortgage financing structured to bridge a complex refinance.
Situation
The owner of a major hospitality asset required short-term bridging capital ahead of a refinancing.
Complexity
First mortgage security over a large-scale hospitality asset
Legal and regulatory constraints affecting refinancing and return of capital
Jurisdictional complexity requiring tailored structuring
Role
Led the structuring and execution of a first mortgage bridging facility and resolved refinancing constraints.
What Was Done
Structured a $15M first mortgage facility
Identified and resolved legal restrictions impacting refinancing
Re-engineered the refinance pathway to avoid regulatory blockages
Ensured capital was repaid and returned without restriction
Outcome
Facility successfully repaid following refinancing
Capital protected despite legal and structural complexity
Risks mitigated through proactive structuring and intervention