Hodge has completed a £15 million funding facility to support the early-stage growth of a beautiful hotel at the heart of the St. Andrews golfing community in Scotland.
Scotland is associated with breathtaking landscapes, incredible warmth and national heritage, and of course, the home of golf. Following a two-year refurbishment and extension, the hotel now offers guests a five-star experience combining authentic Scottish hospitality with modern luxury.
Refinancing to support the next phase of growth
Hodge Real Estate Finance refinanced the development facility for the project while also providing additional support during the hotel’s early operational phase as it establishes itself within the St Andrews market and matures within the region’s growing luxury hospitality sector.
The hotel is part of a growing portfolio of luxury hotels offering bespoke hospitality experiences at the world’s greatest golf courses, providing residents with outstanding service and high-end dining in an elegant coastal setting.
“It has been a fantastic experience getting to understand the client’s wider strategy and ambitions for the brand. We’re delighted to support this next phase and look forward to working together in the future.”
“During this investment, we were working with an investor in different time zones, which can make the process a little less straight forward. However, through open and regular communication, we completed the refinance and the hotel was ready for the spring and summer season.” Gareth Davies, senior business development manager