CG Capital Europe has successfully closed a landmark financing deal for the refinancing and refurbishment of a prime luxury boutique hotel in Santorini, Greece.

CG Capital Europe has acted as the exclusive financial and real estate advisor to a global investment group, on successfully structuring a senior debt facility for the refinancing and refurbishment of a seaside hospitality asset located in Santorini, one of the world’s most exclusive tourism destinations.

This luxury boutique hotel features 26 rooms and best-in-class amenities, strategically positioned in a privileged cliffside location with breathtaking views.

The financing has been successfully closed in an extremely challenging moment for debt markets, where lending criteria have become increasingly restrictive for many asset classes, projects, and financing purposes. Additionally, the cross-border nature of the transaction and the complex financing structure involving multiple jurisdictions were successfully navigated by CG Capital Europe, securing optimal terms and conditions.

CG Capital Europe has designed and executed a private process to obtain the optimal financing structure, engaging multiple national and international financial entities (both banks and alternative lenders), securing several credit-approved term sheets, and ultimately closing the financing with an international debt fund based in London.

CG Capital Europe has run the entire structuring and debt-raising process, providing full support to the Client throughout all phases, including due diligence and loan documentation.

This Transaction represents another example of CG Capital Europe’s highly successful track record, value-add services and its deep knowledge of real estate & corporate finance markets, having executed since 2012 some of the most relevant investment sale and financing transactions in the Iberian market, positioning the firm as one of the top strategic capital advisors in Southern Europe.