Previous Projects
UK Based Projects:
London Industrial Land Refinance
Assisted a client with the refinance of mixed use land consisting of open storage and commercial use classes. The client had a loan offer from an existing lender in hand, however, Hollander was able to source another loan offer at meaningfully more attractive terms, enabling the borrower to benefit from more attractive pricing and leverage with the new lender.
Central London Residential Asset Refinance
Helped an existing client with the refinance of a residential, income producing asset, with drawdown taking effect in January 2024. Hollander procured a bespoke, Sharia compliant facility tailored to the client’s needs, ensuring no further equity requirement from the client despite a challenging macroeconomic environment, characterised by lower asset values and higher interest rates.
Hollander’s client altered their business plan for their Central London residential asset in light of the changing economic environment throughout 2023, and subsequently required new senior debt finance more suited to their revised business plan. The client was offered new terms from their existing lender, however, appointed Hollander to procure a more competitive and suitable finance package.
Hollander approached its network of low-cost lenders and obtained various offers of finance, eventually procuring a significantly more cost-effective facility which was structured such that no further equity injection was required. Hollander performed its usual service of liaising with the bank’s credit committee in order to obtain swift approval for the loan. Upon receipt of credit committee approval, Hollander continued to assist with all aspects of loan execution until drawdown, from procurement of third party information, to assistance with Red Book valuation, negotiation, and liaising across multiple sets of lawyers to ensure completion and redemption took place within the required timeframe.
Hotel Investment Consultancy Project
Creation of a 50+ asset OpCo and PropCo model throughout 2023 ahead of a hotel client’s capital raising efforts.
Hollander worked closely with a client to produce a detailed OpCo and PropCo financial model based upon current and historic performance of its various operational hotel assets, and existing lease structures. Hollander worked closely with the company’s CEO and wider team to derive key revenue and cost drivers, a detailed departmental breakdown across various asset types, numerous F&B and room revenue/cost sub-categories. The final business plan included a detailed P&L for each individual asset, as well as group level financial statements for both OpCo and PropCo.
Kings Cross Multi-let Office Acquisition
Assisted a private client with the sourcing, negotiation and acquisition of a multi-let office building in King’s Cross in late 2022.
Hollander was approached by a client regarding potential opportunities within the London office market in mid-2022. Hollander subsequently approached its network of agents and other third parties and sourced an opportunity to purchase a multi-let, newly refurbished office building with stellar ESG credentials in King’s Cross.
The opportunity met the client’s various requirements and Hollander was instructed to assist with negotiation and transaction management until completion in late 2022.
West London Hotel Asset Purchase
Assisted a client with the purchase of a hotel asset with redevelopment potential in West London.
Hollander worked with the client and external consultants assisting with their business plan and other items, helping to process the transaction and enabling a swift Exchange and delayed completion.
West London Opportunistic Asset Purchase
Procured both Senior Debt and Joint Venture Equity procurement and assisted with deal execution for a client to enable the purchase of a discounted 30+ unit residential block in Acton, West London.
Hollander’s client had secured the asset and approached Hollander to assist with their equity syndication process and procure a new joint venture equity partner for the transaction. Hollander procured a family office investor from its network to provide the majority of the equity for the transaction as a joint venture. Upon securing the equity, Hollander also sourced attractive senior debt terms to enable completion of the transaction and optimise the deal’s capital structure, thereby enhancing projected equity return metrics.
Hollander assisted with equity and debt procurement, appraisal and cash flow modelling, JV equity and debt execution, negotiation, structuring, legals, appointment of third parties, due diligence, vendor and agent management and completion execution.
East London Mixed Use Asset Refinance
Sourced senior debt finance for of a mixed-use building comprising c. 15 residential apartments and ground-floor retail.
The client approached Hollander initially to assist with advising on a sales strategy for the asset, however, it was decided that an optimal approach would be to refinance the existing senior loan with a dual-tranched facility, enabling the client to refinance out the previous senior lender, and obtain a higher LTV when needed in order to release equity, thereby allowing the client to capture both immediate cash flow needs as well as future capital appreciation of the asset.
Hollander assisted with initial strategic advisory work, debt procurement and execution, and worked closely with the chosen senior lender, assisting with all stages of the transaction process including negotiation, structuring, credit approval process and legals.
Shoreditch Opportunistic Asset Purchase for Redevelopment
Assisted a client with the purchase of a mixed-use redevelopment opportunity in Shoreditch.
Hollander worked with the client and external consultants assisting with their business plan, debt procurement and other items, helping to process the transaction and enabling the Exchange of contracts within a month of instruction, with completion taking place thereafter.
South London Pre-Planning Land Acquisition
Planning and development co-living opportunity in the London Borough of Wandsworth containing 300+ units.
Primary point of contact for this transaction, managing the entire process for this deal. Post-close, he assisted with asset management, senior debt refinance, and eventual negotiation and sale of Reditum’s stake.
Mix-used land, planning & development, Newcastle: Quayside West
One of the North East’s largest regeneration opportunities. A mixed-use planning and development opportunity for 1,100 homes, a 140 key hotel and associated commercial, retail, leisure, and public space.
Assisted with internal underwriting, drafting terms, negotiation, management of third-party consultants, capital raising, and completion.
Others
Involved in a number of other projects, including pre-planning opportunities in the South East, student accommodation development in Leicester, permitted development schemes in Greater London, residential schemes in prime Central London, and a material recycling facility in Essex.
Assisted with various aspects including internal underwriting, asset management, restructuring, repositioning and capital raising.
Additional Projects & National Expertise
Exposure to distressed projects going through an insolvency process, enabling an understanding of the legal insolvency process and the optimal ways to protect investors interest and capital.
International Projects:
Dublin Pre-Planning Land Acquisition
A 200+ unit planning and development co-living opportunity within the heart of Dublin.
Managing the transaction process from inception through to close, assisting with the asset management of the deal post-close, having input into strategic decisions.
Additional International Experience
Involvement in analysing a number of deals in other jurisdictions such as the United States, France, Italy, Spain, Germany, the Netherlands, Barbados and others, gaining valuable exposure to other markets and their local conventions throughout the underwriting process.