Client Background
Residency: Monaco
Completion Timeline: 5 weeks
Property Value: €5M
Loan Amount: €5M
Setting the Scene
This introduction came via one of our professional introducers from a global trust company. The case presented an intriguing challenge: an Italian national pursuing a €5 million property acquisition in Capri within an ambitious five-week timeframe. The client requested a loan that would cover the entire property value and required a six-month term for repayment.
Understanding the Client’s Requirements
Collaborating closely with the introducer, we gained invaluable insights into the client’s profile, including the objective to purchase the property through an Italian SRL (Società a Responsabilità Limitata).
Our Strategic Approach
As the funding requirement was for 100{4de3ead1a3b5e8863bcdb4954b18fe5be5bc7ba82fbbe109ebf93ade3591557e} of the purchase price, we needed to leverage other assets to meet the borrowing needs. In this case, we used another asset under the control of the client’s family office to secure the funding.
This approach eliminated the need for the client to liquidate assets. However, it required significant restructuring to provide the lender with satisfactory security, including relocating the jurisdiction of the holding company. At Henry Dannell, we are committed to delivering solutions and finding ways to navigate complex issues.
Execution
With a comprehensive understanding of the client’s profile and assets, and supported by our strong relationships with lenders, we secured a mortgage offer within six days of receiving the initial enquiry. This rapid response was instrumental in enabling the client to meet the strict five-week deadline for their property transaction.
The Henry Dannell Difference
This case stands as a testament to Henry Dannell’s proficiency in high-value property financing. Our detailed understanding of trust structures, corporate ownership frameworks, and the strategic leveraging of additional assets showcases how we handle intricate transactions.
Our ability to expedite processes, align financial solutions, and deploy sophisticated structures demonstrates our agility and expertise, ultimately exceeding the client’s expectations and setting a benchmark for future high-value property acquisitions in a dynamic market.
Notably, our lender network and market knowledge enabled us to support our introducer and address a significant pain point by facilitating an efficient process. The successful collaboration and timely resolution further strengthened our partnership, highlighting our commitment to easing the introducer’s client engagement journey.
Please note: This is a case study and not indicative of typical results. Past performance is not necessarily representative of future results. This information is for general purposes only and does not constitute financial advice. Please seek professional advice before making any financial decisions.