Captima structures £30M Preferred Equity

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September 19, 2017
Captima structures £105M Stretch Senior
September 22, 2017

Captima structures £30M Preferred Equity

Crane and building construction site against blue sky

Captima engaged by a Private Rented Sector (PRS) developer established by experienced property investors to structure equity for two PRS development projects. Captima identified a Private Equity Fund to provide £30 million of Preferred Equity to assist in the development of two purpose built, high-quality PRS assets delivering in aggregate 375 units.

The terms:

Purpose: To fund two PRS developments
Investor: Private Equity Fund
Amount: £30 Million
Preferred Return: 15%
Profit Share: 30% Fund, 70% Sponsor
Up to 80% of costs