Specialist lender Cohort Capital has financed the purchase of the Corn Exchange in Manchester, which was recently acquired for an undisclosed amount by a private investor advised by Westfort Advisors.

Urban living owner and operator locks in a new facility for collection of boutique residential assets

Westfort Advisors has today announced the appointment of Steve Boyle as a Director, as it continues to expand its Debt Advisory capability across UK and European markets.

Westfort Advisors have negotiated a market-clearing facility to refinance the acquisition and refurbishment of the Staverton Park Hotel in Northamptonshire.

Threeestones Capital has secured a €53.5m facility from Societe Generale to fund the acquisition of six nursing homes in Germany and to refinance two nursing homes in Spain for its TSC FUND - EUROCARE IV investment vehicle. The facility was arranged by Westfort Advisors and is the first cross-border CRE debt financings in the nursing home sector of 2022.

On behalf of a London-based Private Equity firm, Westfort Advisors has successfully arranged and structured the financing of a portfolio of hotels located across Spain.

Zetland Capital, advised by Westfort Advisors, has kickstarted an expansion of its portfolio of pubs across London and the south of England with the acquisition of five establishments, including three in Brighton, with a £40M facility provided by OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs. In addition to the three pubs in Brighton, the deal will see the acquisition of properties on Hayling Island in Hampshire and in Woodford Green, Essex.

After a hugely challenging period, abated by government stimulus and senior lender forbearance, the UK hotel sector is starting to receive positive forecasts for 2022 with some indicating a 25% increase in occupancy and 9% increase in ADR across the UK and a 63% increase in occupancy and 33% increase in ADR for London alone.

Westfort Advisors acted for Zetland Capital Partners LLP (Zetland) as the sole arranger of an acquisition and capex facility, underwritten by Starwood European Finance Partners Limited (Starwood); enabling the purchase and repositioning of the 338-bedroom Macdonald Manchester Hotel and the 156-bedroom Macdonald Holyrood Hotel in Edinburgh.