Starz Real Estate has provided a £73.2m senior facility to Ziser London for the refinancing of a fully let residential and commercial portfolio in central London.
The portfolio includes nine properties: six residential, one commercial, and two mixed-use, covering over 127,000 square feet.
Located in North and South West London within zones one and two, the residential properties mainly consist of studios and one-bed flats in areas such as Kensington and Chelsea, Hampstead, and Camden.
The loan enabled Ziser London to optimise its borrowing strategy by consolidating five lenders into one.
This is Starz’s third collaboration with adviser Brotherton Real Estate in recent months.
Limor Shilo, head of origination at Starz Real Estate, said: “We are pleased to have partnered on this refinancing transaction with Ziser, a highly experienced long-term investor within the London market.
“The subject portfolio is underpinned by robust real estate fundamentals, supply-demand imbalances and benefits from good locations and transport links.”
Guy Ziser, managing director at Ziser London, said: “The somewhat granular nature of the portfolio for a deal of this size isn’t something that every lender would be able to get their heads around let alone in what was quite a tight frame.
“This demonstrates a commercial, practical approach and understanding of real estate which we really appreciate when looking to build long term relationships.”
