Mishcon de Reya Advises on £348 Million Loan Facility for Park Tower Hotel Refinancing
"Mishcon de Reya's Real Estate team has successfully advised King Street Capital Management, Cohort Capital, and Apollo-managed funds on a £348 million senior loan facility to refinance the Park Tower Hotel, a 271-room property in Knightsbridge. Partner Kirpal Kaur highlighted the firm's expertise in financing and the hotel sector, emphasizing their ability to collaborate with sophisticated lenders for swift decision-making. The team involved in the transaction included various specialists from the firm's Commercial Real Estate and Planning departments. Mishcon de Reya's Real Estate department is one of London's largest, offering comprehensive property services."