Bedell Cristin acted for Crosstree Real Estate Fund in relation to the acquisition and £100m development financing of property at Camden Town Hall, London

18 Nov 2015

Bedell Cristin acted for Crosstree Real Estate Fund in relation to the acquisition of the property at Camden Town Hall annexed with Argyle Street and Euston Road, London, WC1 in late 2014 and in relation to the borrowing of £100,000,000 from HSBC Bank plc in November 2015 to refinance the acquisition costs and to develop that site into a 250 bedroom Standard Hotel, to be the first Standard Hotel outside of the USA. Bedell Cristin, led by Simon Hopwood (Partner) and Stephen Ferguson (Senior Associate), assisted with the Jersey aspects of the real estate acquisition and the subsequent re-financing and development financing.