- Client: Ultra-high-net-worth US-based client
- Land Value: Circa $150M
- Loan Amount: Circa $76M
Enness was approached by an ultra-high-net-worth client based in the US seeking finance against a Californian landholding valued at approximately $150M. The client wanted to raise capital against the asset to support an international investment opportunity that required proof of funds within a tight timeframe.
Rather than liquidating other assets or selling the land, the client wanted to unlock liquidity while retaining ownership of the underlying asset. A land loan provided a potential solution, allowing the required funds to be raised against the property while maintaining the client's wider investment strategy.
Enness arranged a circa $76M land loan secured against the Californian landholding. The facility was structured over the required term, with interest and fees rolled into the loan. This structure provided the client with access to the capital required for the investment opportunity without requiring regular payments from other sources during the agreed term.
Land finance of this scale is highly specialised, particularly where the underlying asset is a large, non-income-generating landholding. The lender needed to be comfortable with the property's valuation, liquidity profile and the specific characteristics of the Californian market. Enness identified a lender with experience in large US land transactions and negotiated a bespoke facility that aligned with the client's requirements and timeframe.
The resulting high-value financing facility provided the client with the liquidity required to demonstrate proof of funds for the international investment while retaining ownership of the Californian land. The structure also gave the client flexibility to pursue the opportunity without requiring an immediate sale or broader restructuring of their asset position.
This case demonstrates the specialist nature of land finance and the importance of working with a lender that understands high-value, non-income-generating assets. Enness works with a broad network of lenders to structure bespoke financing solutions for complex property and international requirements.
With experience arranging high-value loans for HNW and UHNW clients, Enness can help identify financing structures suited to complex assets and time-sensitive requirements. If you have a similar financing requirement, speak to a mortgage specialist to discuss your options.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
