Cain International

London, U.K.

Dean Street I & II

Loan Size

£10M, £25M ($55M)

Sponsor

Melford Capital Partners

Asset Class

Residential

Size

18 units

In 2014 Cain International (then Cain Hoy Enterprises) provided £10M in bridge financing to Melford Capital Partners for the planning phase of an office to residential conversions in Soho, London.

This was then followed in 2015 with £25M in development financing to convert the office building into 18 residential apartments and a restaurant space, the latter was subsequently let to Wagamama.

Both loans were repaid in 2016.