• Hotel

    Barcelona, Spain

    Financing

CG Capital Europe acted as the exclusive financial & real estate advisor to the Owner of the Hotel, a reputed private investment group, on raising and structuring a senior debt facility for the refinancing of the 74-room Boutique Hotel.

The Asset is a 74-room boutique hotel located in the sought-after district of L’Eixample, in Barcelona. It is characterised by achieving ADRs well above those of its peers, as well as an impressive average occupancy rate of 97% in 2022E.

CG Capital Europe has structured and successfully obtained the senior debt for the refinancing of the Asset with a Debt Fund, with historical low pricing for the Client, despite the current uncertainty of the financing market.

CG Capital Europe has also been in charge of advising the Client throughout the legal, technical, commercial and tax due diligence as well as negotiating the loan documentation and the interest rate hedging associated with the refinancing.

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.