Post by FinLoop.com
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€8.9M Mixed-Use Acquisition Financing in Antwerp. Matched through FinLoop Three weeks before signing, the original lender stepped back. The sponsor was acquiring a fully let mixed-use asset in central Antwerp, with income spread across retail, office and residential units. On paper, a clean transaction. In practice, not a simple lender fit. The ticket was too small for many institutional lenders, too mixed-use for residential-focused lenders, and too time-sensitive for a broad market process. Through FinLoop, the borrower was matched with a lender already mandated for that profile, small-ticket Benelux mixed-use with diversified cash flow. The €8.9M senior acquisition facility closed in just over 6 weeks, without resetting the original timetable. 𝐓𝐡𝐞 𝐃𝐞𝐚𝐥 𝐚𝐭 𝐚 𝐆𝐥𝐚𝐧𝐜𝐞: 🔑 Asset: Fully let mixed-use property in central Antwerp — ground-floor retail, upper-floor offices, two residential units. 🏦 Facility: €8.9M senior acquisition financing. 📊 Indicative Terms: ~58% LTV, 5-year senior facility, EURIBOR + c.190–225 bps, 1.60x ICR covenant, interest rate cap in place. ⏱️ Timeline: Closed in just over 8 weeks after the original lender pulled back. 🧠 Takeaway: Small-ticket mixed-use is one of the more underserved corners of European CRE debt, not because the assets are weak, but because most lenders are set up around a single income type. When a deal sits between retail, office and residential, lender fit becomes everything. 📅 Working on a similar mixed-use transaction? DM us — FinLoop can help identify lenders with the right mandate before the process loses momentum. Jordi TorraDr Nicole Lux #FinLoop #DealClosed #RealEstateFinance #MixedUse #Antwerp #Belgium #AcquisitionFinancing #PropTech