ARZAN WEALTH ACHIEVES SUCCESSFUL EXIT OF A US SENIOR LENDING TRANSACTION

Aug 04, 2021

Bluejack04082021.png​04 August 2021 - Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised its clients on a successful exit of a senior lending transaction in the United States, achieving strong returns for investors.

The transaction was entered into in December 2018 as part of Arzan Wealth Real Estate Debt Platform which focuses on senior and mezzanine opportunities and is designed to respond to diverse market conditions, and to meet investors needs for a low risk profile and predictable cash flow stream. 

This investment was designed as a 3-year senior secured loan to Bluejack National  (“Bluejack”), owner of a premier luxury-lifestyle community in Houston, USA. Bluejack includes the first Tiger Woods designed golf course in the United States. 

Arzan Wealth acted as the Sub Strategic Advisor on the successful exit of this investment that has generated attractive returns for the investors during the 2 ½ year holding period.

Muhannad Abulhasan, CEO of Arzan Wealth said:

“We are pleased that we have been able to advise on this exit, which despite the severe disruption caused by the coronavirus pandemic, produced returns that exceeded investors’ expectations.  This is not only a testament to the high due diligence standards of Arzan Wealth in relation to the real estate, but also the strong cooperation between the Arzan Wealth team and the management of Bluejack, who reacted with high integrity and professionalism while navigating the difficulties of the pandemic. While economic turbulence can create uncertainty, Arzan Wealth will continue to expend all its efforts and creativity to preserve and protect our client’s wealth, while providing them with a very predictable and regular income stream.”​

 

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