Clearwater International has advised Beech Holdings on a significant debt facility provided by a special situations fund. The financing will be used to support Beech Holdings in its acquisition and redevelopment of properties.
Beech Holdings, owned by property entrepreneur Stephen Beech, is an award winning property developer and lettings business. It specialises in the redevelopment of unloved, old buildings, converting them in to high quality, energy efficient residential properties for young professionals. The innovative bills-included business model appeals to young tenants who have typically just finished their university degree. Established in 2011, Beech Holdings now owns over 140 properties and €78m worth of residential housing and development stock.
Clearwater International’s Debt Advisory team advised Beech Holdings, led by partner Mark Taylor and supported by director Tom Barnwell and associate director David Burton.