Strata Residential Finance PLC

Contact:

The Asset Manager
evolve Fund Services Limited
T: +44 (0)20 7824 8924
E: info@evolvefs.co.uk
W: www.evolvefs.co.uk
Or:
The Funding Advisor
Davon Limited
T: +44 (0)118 978 3955
E: mail@davonltd.com
W: www.davonltd.com

Strata is a business that specialises in mezzanine lending offering a simple, straightforward and transparent structure for UK residential developers in the South of the UK and in so doing offering private investors an attractive investment opportunity.

As at 30th September 2016 Strata had concluded 62 loans on property with an end value of c£274m. It is one of the most active mezzanine lenders in the market.

 

Recent Activity

September 2016

Redemption

  • Peaslake
  • Original Strata Loan £325,000

August 2016

Redemption

  • Alfold
  • Original Strata Loan £250,000

July 2016

New Loan Draw Down

  • Shaldon
  • Four luxury houses
  • Strata Loan £400,000

June 2016

New Loan Draw Down

  • South Norwood
  • Thirty nine apartments
  • Strata Loan £750,000 

New Loan Draw Down

  • Croydon
  • One hundred and thirty eight apartments
  • Strata Loan £1,400,000 

May 2016

New Loan Draw Down

  • Wootten Wawen
  • Barn conversion to seven units
  • Strata Loan £325,000 

Redemption

  • Wandsworth Town
  • Original Strata Loan £845,000

Redemption

  • Clevedon
  • Original Strata Loan £530,000

Redemption

  • Studley
  • Original Strata Loan £250,000

Part Redemption

  • Alfold
  • Original Strata Loan £250,000

April 2016

Redemption

  • Radstock
  • Original Strata Loan £425,000

February 2016

New Loan Draw Down

  • Brunswick Park
  • Four apartments
  • Strata Loan £425,000 

Redemption

  • Hampton
  • Original Strata Loan £400,000

January 2016

Redemption

  • Raynes Park
  • Original Strata Loan £600,000

Part Redemption

  • Radstock
  • Original Strata Loan £382,500

Redemption

  • Kentish Town
  • Original Strata Loan £600,000

December 2015

Redemption

  • Ramsdell
  • Original Strata Loan £715,000

September 2015

New Loan Draw Down

  • Ramsdell
  • New six bed detatched house
  • Strata Loan £715,000 

New Loan Draw Down

  • Peaslake
  • New 4/5 bed detatched house
  • Strata Loan £325,000 

June 2015

Distribution

  • 7% Dividend paid to investors 

May 2015

Redemption

  • Ascot
  • Original Strata Loan £510,000

April 2015

New Loan Drawn Down

  • Ascot
  • Two detached houses
  • Strata loan £250,000

Redemption

  • Fulham
  • Original Strata Loan £500,000

February 2015

New Loan Drawn Down

  • Putney
  • Eight apartments
  • Strata loan £850,000

Strata Residential Finance Plc was entered in the FCA's register of small registered UK AIFMs with effect from 27th February 2015

January 2015

Redemption

  • West Byfleet
  • Original Strata Loan £600,000 

New Loan Drawn Down

  • Clevedon
  • Fourteen apartments
  • Strata loan £530,000

December 2014

Redemption

  • Putney

Strata Residential PLC formed 26.11.14

November 2014

New Loan Drawn Down

  • Fulham
  • Two six bed houses
  • Strata loan £500,000

October 2014

New Loan Drawn Down

  • Alfold
  • Four three bed cottages
  • Strata loan £250,000

September 2014

Redemption

  • St Albans
  • Original Strata Loan £540,000

August 2014

Partial Redemption

  • Ascot
  • Amount received by Strata £720,000

July 2014

New Loan Drawn Down

  • Wandsworth Town
  • Four storey building with food retail unit on ground floor and five 2 bed and four 3 bed flats
  • Strata loan £845,000

Redemption

  • Dormans Park
  • Original Strata Loan £450,000

Redemption

  • Hitchin
  • Original Strata Loan £300,000

June 2014

New Loan Drawn Down

  • Studley
  • One five bed and five four bed houses
  • Strata loan £250,000

Redemption

  • Lyndhurst
  • Original Strata Loan £250,000

May 2014

New Loan Drawn Down

  • Oxford
  • 2 detached houses
  • Strata loan £800,000

New Loan Drawn Down

  • Raynes Park
  • 7 town houses
  • Strata loan £650,000

New Loan Drawn Down

  • Hampton
  • 2 semi-detached houses
  • Strata loan £400,000

Redemption

  • Chelmsford
  • Original Strata Loan £250,000

January 2014

 New Loan Drawn Down

  • Lyndhurst
  • 2 houses and 5 apartments
  • Strata loan £250,000

December 2013

Redemption

  • Wandsworth
  • Original Strata Loan £750,000

November 2013

New Loan Drawn Down

  • Radstock
  • 18 units
  • Strata loan £425,000

New Loan Drawn Down

  • Radstock
  • 14 apartments 
  • Strata loan £600,000

October 2013

Redemption

  • Harpenden
  • Original Strata Loan £330,000

September 2013

Redemption

  • Hampton
  • Original Strata Loan £300,000

August 2013

New Loan Drawn Down

  • Hitchin
  • 6 Houses and 4 apartments
  • Strata loan £300,000

Redemption

  • Kingswood
  • Original Strata Loan £500,000

Redemption

  • Tolworth
  • Original Strata Loan £630,000

Redemption

  • Streatham
  • Original Strata Loan £310,000

July 2013

New Loan Drawn Down

  • Dormans Park
  • 2 Houses
  • Strata loan £450,000

New Loan Drawn Down

  • St Albans
  • 2 Houses
  • Strata loan £540,000

June 2013

Redemption

  • Epsom
  • Original Strata Loan £500,000

May 2013

Redemption

  • Sevenoaks
  • Original Strata Loan £395,000

Redemption

  • West Byfleet
  • Original Strata Loan £485,000

Redemption

  • Hoxton
  • Original Strata Loan £350,000

April 2013

Redemption

  • Barnes
  • Original Strata Loan £420,000

March 2013

New Loan Drawn Down

  • Chelmsford
  • 1 House
  • Strata loan £250,000

February 2013

Redemption

  • Wraxall
  • Original Strata Loan £400,000

December 2012

New Loan Drawn Down

  • Chilcompton
  • 3 Houses
  • Strata loan £300,000

Sales Completed

  • Arterberry Road, Wimbledon
  • Sold at £3.9m on 11/12

November 2012

Trading Statement 12 distributed to Investors and Advisers

Redemption

  • Esher
  • Original Strata Loan £675,000

Partial Redemption

  • Wraxall
  • Amount received by Strata £310,000

October 2012

Partial Redemption

  • Esher
  • Amount received by Strata £460,00

Redemption

  • Ascot
  • Original Strata Loan £300,000

Redemption

  • Cheltenham
  • Original Strata Loan £300,000

September 2012

New Loan Drawn Down

  • Wandsworth
  • 33 apartments
  • Strata loan £750,000

Partial Redemption

  • Wraxall
  • Amount received by Strata £190,000 

July 2012

Redemption

  • Cobham
  • Original Strata loan £675,000

New Loan Drawn Down

  • Streatham
  • 10 apartments
  • Strata loan £310,000

New Loan Drawn Down

  • Hoxton
  • 9 apartments
  • Strata loan £350,000

May 2012

Sales Completed

  • Wraxall
  • Plot 8 sold at £315,000 on 11/5
  • Plot 5 sold at £355,000 on 18/5

March 2012

New Loan Drawn Down

  • Kentish Town
  • 3 new build houses
  • Strata loan £600,000

Sale Completed

  • West Byfleet
  • Sale Agreed at £1,250,000

New Loan Agreed

  • Hoxton
  • 9 apartments
  • Strata loan £350,000

New Loan Agreed

  • Streatham
  • 10 apartments
  • Strata loan £310,000

New Loan Agreed

  • Ascot (2)
  • 1 new build house
  • Strata loan £560,000

February 2012

Redemption

  • Newick
  • Original Strata loan £570,000

January 2012

Redemption

  • Sunninghill
  • Original Strata loan £560,000

New Loan Drawn Down

  • Fulham, London
  • 1 family house
  • Strata loan £400,000

New Loan Drawn Down

  • Tolworth, Kingston Upon Thames
  • 10 houses
  • Strata loan £630,000

New Loan Agreed

  • Kentish Town, London
  • 4 houses
  • Strata loan £600,000

New Loan Agreed

  • High Wycombe, Buckinghamshire
  • 3 houses
  • Strata loan £300,000

December 2011

Redemption

  • Hastings, East Sussex
  • Original Strata loan £388,000

New Loan Drawn Down

  • Harpenden, Hertfordshire
  • 2 detached houses
  • Strata loan £330,000

New Loan Agreed

  • Fulham, London
  • 1 semi-detached house
  • Strata loan £400,000

Sale Agreed

  • Cobham, Surrey
  • Sale agreed at £1.8m

November 2011

New Loan Agreed

  • Cheltenham
  • 10 town centre apartments
  • Strata facility of £300,000

Sale Agreed

  • Sunninghill
  • Sale agreed at £4.15m

Unit Exchanged

  • West Byfleet
  • First unit exchanged at £1.25m
  • Completion set for end of February

October 2011

New loan drawn down

  • Sevenoaks, Kent
  • 4 Terraced houses and 2 detached houses
  • Strata loan £395,000

New Loan Agreed

  • Tolworth, Kingston upon Thames
  • 10 houses
  • Strata loan £630,000

September 2011

New loan drawn down

  • Hampton, London
  • 2 Semi-detached houses
  • Strata loan £300,000

Redemption

  • Fulham, London
  • Original Strata loan £1,090,000
  • 4 houses sold for c£7m total

New Loan Agreed

  • Sevenoaks, Kent
  • 4 Terraced houses and 2 detached houses
  • Strata loan £395,000

August 2011

New loan drawn down

  • Barnes, London
  • 3 Terraced houses, 2 apartments and 1 office
  • Strata loan £425,000

Redemption

  • Baldock, Hertfordshire
  • Original loan £300,000
  • Five houses sold for £1,545,000

New Loan Agreed

  • Harpenden, Hertfordshire
  • 2 Detached houses
  • Strata loan £330,000

July 2011

New loan drawn down

  • Ascot, Berkshire
  • 1 Detached House
  • Strata loan £300,000

June 2011

New loan drawn down

  • Wraxall, Bristol
  • Nine Houses
  • Strata facility of £400,000

Final sale agreed

  • High Street, Baldock
  • Sale agreed at £290,000

May 2011

 New Deal Agreed

  • St Mary's road, Ascot
  • Strata facility of £300,000
  • One detached house

 New Deal Agreed

  • Charles Street, Barnes
  • Strata facility of £450,000
  • Three houses, two flat and one office B1 unit

  Strata loan redeemed

  • Camp Road, Gerrards Cross
  • Property sold for £3.94m

 New loan drawn down

  • Allington Road, Newick
  • Strata facility of £570,000
  • Five detached houses

 First unit exchanged

  • Chipstead Street, Fulham
  • First unit exchanged
  • Completion date set for 11th July 2011

March 2011

Sale agreed 

  • Plot 1, Arterberry Road, Wimbledon at £2.55m

Sale agreed 

  • Glenridge, Gerrards Cross at £4m

New loan approved 

  • Charles Street, Barnes
  • Strata facility of £450,000

Facility Redeemed – Gun Farm, Blackboys

  • Facility redeemed in full from sale proceeds of first unit
  • Redeemed just over five months after initial drawdown

January 2011

New loan completed – West Byfleet

  • Strata loan £485,000 - 2 new properties of 3,100 and 3,200 sq ft.
  • Senior debt – Close Property Finance.
  • Site is located in a strong residential location and the developer has a valued reputation in their market.

New loan completed – Esher

  • Strata loan £675,000 - 2 new dwellings.
  • Senior debt – Coutts.
  • This is a second transaction with a very experienced developer.
  • Site located in private estate road within short walking distance of Esher town centre.

Sale agreed 

  • Final unit at Baldock for £285,000.

December 2010

New loan – Epsom

  • Strata loan £500,000 - new 6 bedroom property of 7,450 sq ft.
  • Senior debt – Close Property Finance.
  • Private estate adjoining RAC Country and Golf Club.
  • End value of house - £3.6m.

New loan - Kingswood

  • Strata loan £500,000 - new single dwelling.
  • 2nd loan to this developer, following redemption of loan for 4 units in Banstead.
  • Senior debt - Close Property Finance.

Facility redeemed – East Preston

  •  Final sum of facility redeemed.

November 2010

New loan – Cobham

  • Strata loan £675,000 - 2 new detached homes.
  • Senior debt – Coutts.
  • End value per house - £1.7m.