Duncan Kreeger, founder and chief executive officer at TAB, said: “This was a complicated set of transactions.
“We had multiple properties, a complex ownership structure and several interconnected acquisitions to complete, all within a tight timetable.
“We had to understand the whole picture, including the existing portfolio, the new acquisitions, the income, the associated SIPP and pension arrangements.”
Kreeger added: “The important thing was being able to support the same customer across multiple deals and keep everything moving at the same time.
“Yohann fielded the enquiry and issued terms with a lightning-fast turnaround.
“Justice handled the underwriting process with real finesse, enabling a quick and smooth completion.”
He said: “Think TAB, think responsiveness! We gave the borrower certainty around the funding and the ability to complete the wider transaction quickly.
“This is a perfect example of how TAB brings momentum to lending. Think TAB, think specialist lending.”
Yohann Ifrah, manager of TAB’s business development executive team, handled the enquiry.
Justice Marima, senior underwriter at TAB, managed the underwriting.
Nick Davies, legal director for real estate at Teacher Stern LLP, said: “This was a transaction with several moving parts.
“It involved an existing portfolio, a change in ownership structure, further acquisitions and SIPP and pension arrangements – all of which had to be dealt with as part of the wider transaction.
“TAB took the time to understand the structure and the requirements of the transaction and was able to provide the funding needed to keep the different elements moving towards completion.”
Davies added: “Justice and the TAB team were responsive throughout the process, which helped us complete the transaction within the required timeframe.”
