Cain International
Loan Size
£78M, £290M ($475M)
Sponsor
Lodha Group
Asset Class
Residential
Size
221 units
In 2016 Cain International (then Cain Hoy Enterprises, ‘Cain’) provided a bridge facility of £78M to support the Lodha Group in securing pre-sales and finalising the construction contract for a residential scheme located in Holborn, London.
Then in 2017, Cain followed this transaction with a construction loan of £290M to support Lodha Group’s development of a 221-unit high-end residential scheme situated across 208,000 sq. ft. of space.
C. 30% of all the residential units exchanged or reserved before the loan closed.
The loan was fully repaid in 2020.
