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, allowing time for the borrower 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 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, which enabled a strategic restructuring of the debt. This move was essential 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.