FBM arranges refinancing for real estate investor
Financing that creates room for growth ambitions
For an Amsterdam real estate investor with over 200 lettable units, FBM refinanced part of the portfolio. A portfolio scan by FBM identified opportunities for additional liquidity and savings potential and prompted the entrepreneur to refinance approximately 44 lettable units (asset value €18mln.) with Rabobank.
Using a portfolio scan, FBM provided the entrepreneur with insight into the conditions at which the portfolio could be refinanced. The amount of the financing to be raised and the conditions were then compared to the current conditions to make the difference clear. In this case, a substantial reduction in interest and repayment was possible and there was room to provide additional liquidity.
A substantial improvement in the financial parameters on which banks check, the proper presentation of the transaction and the creation of an interesting deal volume/composition of the portfolio, ensured an optimal financing structure and thus favorable financing conditions for the entrepreneur.
FBM advised throughout the entire process, including the financial analysis, drafting the financing memorandum, structuring the financing, approaching the appropriate counters at the banks as well as negotiating the terms.
The transaction was supervised from FBM by Philip van der Hoek and Pieter Westland. After the transaction the aforementioned advisors remained on as advisors for all debt advisory related issues.