Existing Mandates
Overview
Gap Financing Series I
Gap Financing Series I forms the first deal of a series of providing ”Gap Financing” to borrowers who need to refinance, or whose existing loans have suffered LTV breaches due to declining market values. Martley Capital recently provided a £32.25m mezzanine loan for a term of three years to refinance a portfolio of five UK retail warehouse assets owned by Tristan Capital Partners, and is continuously reviewing further opportunities for the Gap Financing Series.
Gap Financing Series II
Gap Financing Series II forms the second transaction in the Gap Financing Series where Martley Capital provided a £12.9m loan as part of the refinancing of an industrial estate and student asset in Leeds.
Gap Financing Series IV
Gap Financing Series IV forms the fourth transaction in the Gap Financing Series where Martley Capital provided a £27m loan to Tristan Capital as part of the refinancing of an office asset in Reading, known as Campus.
Gap Financing Series V
Gap Financing Series V forms the fifth transaction in the Gap Financing Series where Martley Capital provided a £7m loan as part of the refinancing of a hotel in Cambridge.
Gap Financing Series VI
Gap Financing Series VI forms the sixth transaction in the Gap Financing Series where Martley Capital provided a £5.5m loan as part of the off-market acquisition of a portfolio of three residential assets in Newcastle.
Gap Financing Series VII
Gap Financing Series VII forms the seventh transaction in the Gap Financing Series where Martley Capital provided a £11.7m loan to support the purchase of a 13.5 acre site with full planning consent for a 370 unit single family BTR scheme in Edinburgh.
TREC II
TREC II is a fixed income credit Fund targeting small and midsized balance commercial loans backing UK multi-let regional real estate where lenders are not active. To date it has funded 27 GBP loans to 20 sponsors, of which three have been repaid in full and the remaining 24 are secured against 47 assets throughout England, Scotland, and Northern Ireland.