- Circa €9 million residential bridging loan
- Secured against a circa €20 million luxury portfolio
- Flexible structure to support portfolio exit and liquidity
A high-net-worth entrepreneur and experienced property investor approached Enness Global to access capital from a luxury residential portfolio located in Spain. The portfolio consisted of multiple rental assets, many of which had been developed from the ground up and were held across multiple special purpose vehicles.
The client was planning a full exit from the local market but required liquidity ahead of the asset disposals. The objective was to redeploy capital into new business ventures while maintaining full control over the timing and negotiation of each sale. A flexible funding solution was essential, as some properties were expected to sell faster than others.
The transaction presented several complexities. Security needed to be balanced across many assets and holding structures without creating unnecessary legal or operational friction. In addition, both the client and lender were working within a relatively tight timeframe, while the exit strategy required a structure that could accommodate varying sale timelines across the portfolio.
Enness Global sourced a residential bridging loan designed to provide both speed and flexibility. The facility was structured to allow the client to retain a portion of the sale proceeds during the loan term, rather than automatically reducing the balance upon each disposal. This provided greater liquidity and strategic flexibility, enabling the borrower to optimise the portfolio exit and capital allocation strategy.
The facility was completed within approximately six weeks, demonstrating the value of specialist structuring and lender relationships in complex, cross-border scenarios.
