CG Capital Europe has acted as the exclusive financial and real estate advisor of the Owner, a leading European Hospitality Group, on successfully structuring a large senior debt facility for the development of a hotel in the heart of Madrid city.
This Hotel Project consists in the redevelopment of an existing Asset into a lifestyle 4-star plus hotel of 146 rooms, including restaurant, bar, business rooms and a rooftop’s swimming pool and terrace, enjoying impressive views over Madrid’s most emblematic areas.
This Transaction has been successfully closed in current highly complex moment for real estate, equity and debt markets, representing an extraordinary challenge successfully executed by CG Capital Europe.
CG Capital Europe has designed and executed a private process for the optimal financing of the Project, involving several international and national financial entities and finally closing this development facility with a Tier 1 bank.
CG Capital Europe, as exclusive financial and real estate advisor of the Transaction, has run the entire structuring and raising process of the debt, assisting also the Client throughout the due diligence process, as well as in loan documentation and interest rate hedging associated to the financing.
This Landmark Financing Transaction represents another example of CG Capital Europe’s highly successful track record, its excellent long-term relationships with +125 lenders (banks, debt funds and alternative lenders), and its deep knowledge of real estate and corporate finance, having closed assets’ sale & purchase transactions for over €4,000 million and financing deals for over €2,050 million, with a combined c.97% success ratio since 2012.