Cain International
Loan Size
£38M ($61M)
Sponsor
Amazon Properties and PPR Estates
Asset Class
Residential / Office to Residential
Size
34 units
In 2014 Cain International (then Cain Hoy Enterprises) funded two residential opportunities:
Park Crescent – a £26M ($42M) mezzanine loan to Amazon Property for the development of 23 residential apartments across 4 properties.
Robert Street – a £12M ($19M) to PPR Estates to bridge the planning phase of an office to residential conversion of 10 apartments and one self-contained townhouse.
The loans for each of these opportunities were repaid between 2015 and 2016.
