Chenavari’s real estate lending team focuses on a differentiated direct-origination strategy in core Western Europe. The team typically favours the less crowded market of deals below USD 75m.
Downside protection is provided through secured debt positions, with a value-add angle created through rental growth, re-zoning, refurbishing, repositioning, reduction of vacancy and more efficient management
Central Barcelona Residential Development
Chenavari Real Estate provided a facility for the acquisition and construction of a 17-storey residential tower in Barcelona. The tower is in the Central district in Barcelona. We have partnered with a top tier residential development company to bring this property to market. This investment is structured as a preferred equity investment with anticipated exit in 2019
Prime London Mixed-Use Building
Chenavari Real Estate provided a facility for the acquisition and repositioning of a prominent mixed-use building in Mayfair, London. Our partner successfully increased rents and achieved a sale well ahead of business plan. This investment was structured as a preferred equity facility and fully exited in December 2016