• Loan Type: Stabilisation Loan
• Purpose: To refinance existing debt on three purpose-built student accommodation (PBSA) assets and allow the borrower to maximise net operating income during the peak letting period.
• Term: 12 months, providing the borrower with time to improve asset performance and pursue a sale or refinancing via investment term debt.

Background:
The assets were top-tier properties located in areas of high demand for PBSA housing. However, they had initially underperformed relative to their potential due to a sub-optimal sales campaign. Despite this, they were well-positioned to capitalise on strong sales momentum for the upcoming academic year.

The Challenge:
The client required a bespoke financial structure that would allow them to refinance the assets without compromising their operational and financial stability.

Maslow Capital’s Solution:
Maslow Capital provided a £147 million refinancing loan, enabling a strategic restructuring of the debt. This was crucial in enhancing the income potential of the assets at a pivotal stage.

Outcome and Impact:
The refinancing allowed the client to optimise the assets’ performance during the peak letting period, ensuring they reached their full income-generating potential while supporting long-term strategic objectives. Maslow Capital’s involvement ensured operational stability, maximised return on investment, and strengthened the client’s position in a competitive market. By delivering a flexible and well-structured solution, Maslow Capital demonstrated its commitment to adaptability and success, helping the client navigate a critical phase in the lifecycle of these assets.