First Mortgage Bridging for a Hospitality Asset

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