70-Bed Apart Hotel: Development and Term Funding in One Facility

An experienced property developer undertaking their first hospitality scheme approached Key Capital to replace an existing bridge loan and fund the completion of a 70-bed apart hotel in East London. We structured a hybrid facility that combined development funding with a long-term investment loan — secured from a single lender over a 5-year term. This approach enabled the client to avoid additional costs typically associated with refinancing, such as new arrangement fees, legal, and valuation charges. The result was a clean exit from the bridge and a stable, cost-efficient path to operation and ownership.