Hilco Real Estate Finance (HREF) has completed a £6m loan facility to GSE Property Group, secured against the 92-bedroom Hythe Imperial Hotel & Spa in Kent.
The hotel includes a restaurant, bar, meeting rooms, ballroom, spa and other leisure facilities.
Savills handled the valuations and Clarion in Leeds provided legal due diligence.
Chris Dailly, CEO of London Bridging Finance, introduced the enquiry to HREF.
Jamie Jolly, managing director at HREF, said: “The property is owned by a very experienced property group and a strong repeat borrower who we have now supported through several loans.
“This loan allows the group to refinance the current lender and further enhance what is already the stand-out hotel and leisure facility in the region.”
A spokesperson for GSE Property Group said: “We have transacted with the team at HREF on several occasions and see them as a much-valued lending partner.”
