Property lender completes fresh deal as part of expansion strategy
Hilco Real Estate Finance (HREF) has completed a £2.5m loan to support the acquisition of a 51-bedroom budget hotel in Coventry, marking the third deal with the same hotel group.
In a statement, the specialist bridging lender confirmed the latest transaction continues a partnership with the unnamed investor, who previously secured HREF funding for hotel purchases in Gloucester and Wakefield.
“We’re pleased to have completed another loan for this entrepreneurial hotel group, in a sector where we’ve become increasingly active since our launch,” said Sean Adams, managing director at HREF. “We understand their business plan and value the trust they place in us to perform.”
A representative for the borrower welcomed the deal, stating: “It is great to have completed another loan with Hilco to allow the group to expand. We are already teeing up the next transaction.”
The valuation for the Coventry property was carried out by Allsop, with legal due diligence provided by Trowers & Hamlins.
HREF was launched in 2023 and offers short-term bridging loans for growth initiatives, acquisitions, development exits, and refinancing. Loan sizes range from £3m to over £100m, with the firm operating across a wide range of real estate sectors throughout the UK and Ireland.
So far in 2025, the firm has backed numerous deals including a £24m residential block acquisition in Worcester and a £12m refinance for a Heathrow‑area hotel – all delivered at pace and evidencing growing lending momentum. It has also completed its first transaction in the Republic of Ireland, signalling continued expansion in that market.
In July 2025, HREF announced sweeping rate cuts, reducing lending rates by more than 1% in many cases, as it passes on economies of scale to borrowers.
The lender is a subsidiary of Hilco Global, with plans to double in size by 2025 and further innovations set to roll out later in the year.
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