The niche finance house on Brook Street was founded by Tom Harries and his brother James, utilising decades of financial experience within the family.
Imperial Blue lends sums from £10,000 to over £100 million, having financed projects in excess of £500 million thus far. The ‘one-stop-shop’ offers a combination of principal investment and real estate advisory, covering senior and senior-stretched debt, mezzanine, bridging, and equity to a host of residential and commercial developers and investors.
Managing its own private family fund as well as other HNW investor funds, the firm is able to ‘lend, structure and provide the most competitive, optimum development loan solutions in the market’.
‘Blending flexibility and speed’, it is able to process bridging loans within days and give decisions within a matter of hours.
Tom Harries, who works with his brother partner James, is one of the most dynamic of the new property finance boutiques in London operating out of offices in Brook Street in Mayfair. The son of one of the founder’s of St James Place Wealth Management, Tom and his team have quickly carved out a niche as one of a top privately owned property finance offices. A highlight of the property year was a charity cricket at the Hurlingham Club sponsored by Imperial Blue featuring test cricketers and a motley Imperial Blue property team featuring Spear’s own William Cash opening the batting.
The firm offers what they call a ‘revolutionary’ approach to property finance through the products they offer for HNWs. Offering flexibility and gearing under one house roof. Typical financing options are between 65 per cent and 90 per cent loan to cost on one charge with mezzanine/bridging and equity to complement. With a team that includes Harry Cloke, funding sources include asset managers for a range of High Net Worth Investors and funds. Other lenders including hedge funds, private banks, private equity funds and family offices throughout the market across the residential, student and hotel sectors.