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Lawrence Stephens act for Alpha Property Lending on £25,000,000 Care Home Refinance

July 2019

Lawrence Stephens Partners Steven Bernstein (Banking) and Avi Barr (Property) have led a team, including Craig Mullen and Milana Katz, which acted on a £25,000,000 refinance on behalf of the Lender, Alpha Property Lending. The Borrower, Abbey Healthcare Group has refinanced several care homes across Britain with Alpha.

The Kenfin Group were instrumental in the deal and Robert Sherman of Kenfin commented, “we were delighted to be able to bring this deal together for the benefit of all the parties. We very much appreciate the work that has gone into ensure the refinance was undertaken within a very compressive timescale and in a manner that benefited all the parties involved”.

Avi Barr commented, “we were very happy to make this introduction to our client Alpha Property Lending who we have a close relationship with. The Kenfin Group are well known to our firm and the ability to bring our clients together to enable a transaction of this size to be undertaken speaks volumes for the relationships we have with our clients and intermediaries”.