"It is refreshing to work with a funding partner that
understands property and proactively applies transparency and
alignment of interest to their manner of conducting business. Since
the Lehman crash, development has become far more difficult:
lenders/brokers are failing to perform, margins are leaner, exits
are more difficult to secure and contractors are more difficult to
contain. The majority of funders are passive - BridgePoint Ventures
are not. They not only raised the equity capital in half of the
time that they promised but they have also introduced us to their
network of lenders, contractors and financial institutions to
ensure that the project is delivered in a profitable manner. This
is far more than we could have asked for."
Chris Pooley / Miles Savage - Investment Directors, Salus
Healthcare Fund
"UKC have been working with BridgePoint Ventures for close
to 2 years and have been very impressed with their openness and
honesty in both the assessment of potential transactions and the
structuring process.They approach transactions with optimism rather
than scepticism and their lateral decision making means that they
can deliver critical project equity swiftly and reliably. We look
forward to continuing the relationship into the future."
David Nicholls - UK Concepts
"Having worked closely with BridgePoint Ventures over the
last year, I have been impressed with the efficiency, transparency
and general expertise that this property investment leader has been
able to offer us. Through presenting us with unique investment
strategies and really thinking "outside the box" to help us move
forward with our development in especially difficult market
conditions, they effectively sold out our initial project with them
in the space of just 7 months, achieving unit sales in triple
figures. A truly impressive performance given that other developers
were being left high and dry from the global market fall-out. We
will certainly be working closely with them in the future and
benefiting from their highly effective sales operation and their
innovative and exclusive investment strategies.
Providing you are a forward thinking company which is open
to applying unique sales strategies to achieve sales, I would be
confident in recommending the BridgePoint service and expertise to
anyone who is serious about selling property even in the toughest
market conditions."
Paul Ellis - Managing Director, Skelwith Group
"BridgePoint Ventures have an innovative approach to
funding. This creative approach is exactly what the market needs in
a difficult financial climate."
Edward Hown-Smith - Arc & Co
"Our dealings with Bridgepoint have been a breath of fresh
air in what are difficult times for Development funding. Decision
making is quick and the procedure after commitment is
straightforward and clear. The Bridgepoint team are knowledgeable
and innovative and demonstrate an understanding of the development
and construction process which is a huge bonus."
John Mackie - Director, Seaforth Developments Ltd
"Bridgepoint Ventures have delivered what they said they
would do within the timescale that they said they would honour.
That makes a refreshing change in today's market. They are easy to
deal with and have been open and practical about what is
possible."
Robert Gamlen, Developer
"I am very impressed with BridgePoint Ventures. Having been
in the business for 40 years, it is refreshing to see a funding
partner that is willing to take a creative and active approach to
ensure the success of a development project in today's difficult
climate. In addition to performing within the promised timetables,
BridgePoint contributes its expertise to help deliver projects by
leveraging its contacts. Their contacts range from contractors who
are willing to defer build costs to hotel operators willing to
offer fundable leases. As a result by combining CLP's experience
and BridgePoint's creativity, we have been able to successfully
fund two difficult projects - and we believe that this is just the
beginning."
Peter S. Cohen - CLP Structured Finance
"I would like to acknowledge our appreciation for the
professionalism and hard work that everyone at BridgePoint Ventures
put forth in partnering with our firm to promote our current
development, the Mandarin Oriental, Chicago.
As a result of the combined sales efforts of BridgePoint
Ventures' sales team and affiliate relationships, the $174,000,000
in total sales of Mandarin units allowed Palladian Development to
secure its construction financing with our bank. Furthermore, the
sales momentum generated by BridgePoint Ventures' participation has
provided us with a unique competitive advantage especially in a
market environment such as the one in which we currently find
ourselves. Please extend my thanks to everyone at BridgePoint
Ventures and we look forward to working with you on future
projects."
Chris Kenny - Chief Financial Officer, Mandarin Oriental
Chicago