Angelo Gordon & Hondo Enterprises Secure £16.6M Loan From Investec For Fitzrovia Development - Daniel Carlisle
12 Wells Mews, Fitzrovia, London W1 W, Uk
$16,600,000
$72/SF
Building Size
228,000 SF
Asset Type
Office
Closing
Aug 9, 2020
About this deal
AI
The development property located at 12-13 Wells Mews in Fitzrovia has been involved in a recent loan transaction. The loan was provided by Investec, with Daniel Carlisle as the representative. The loan amount for this transaction was £16,600,000. The property has a total area of 22,800 square feet.
Summary of transaction details
- Property Type: Development
- Loan Amount: £16,600,000
- Address: 12-13 Wells Mews
- Market: Fitzrovia
- Lender: Investec – Daniel Carlisle
Angelo Gordon & Hondo Enterprises are the developers involved in this transaction. Daniel Carlisle, representing Investec, facilitated the loan for this development property in Fitzrovia.
Market Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93