Cain International
Loan Size
£10M, £25M ($55M)
Sponsor
Melford Capital Partners
Asset Class
Residential
Size
18 units
In 2014 Cain International (then Cain Hoy Enterprises) provided £10M in bridge financing to Melford Capital Partners for the planning phase of an office to residential conversions in Soho, London.
This was then followed in 2015 with £25M in development financing to convert the office building into 18 residential apartments and a restaurant space, the latter was subsequently let to Wagamama.
Both loans were repaid in 2016.
