The undisclosed sum will support the refinance and redevelopment of Dumbleton Hall Hotel, located within the Cotswolds Area of Outstanding Natural Beauty.

The hotel is owned by Chatham Park Development, a US-based firm that acquired the hotel in April 2021.

Chatham Park Development was advised on the financing by Westfort Advisors.

Legal advice on the transaction was provided by Stevens & Bolton LLP.

The facility refinances an existing lender and supports the completion of extensive renovation and repositioning works.

The 34-bed property, which sits in 15.8 acres of parkland near Evesham, is undergoing a multi-million-pound transformation to become a premium hospitality destination.

Practical completion is expected in Q3 2025, and once complete, it will be operated by Bespoke Hotels.

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Chatham Park Development plans to expand the hotel further in 2026, with the addition of 20 woodland lodges in the estate’s grounds.

“This is exactly the kind of complex operational real estate transaction Ortus excels at,” said Jamie Russell, director at Ortus Secured Finance.

“We were impressed by the borrower’s commitment to the scheme, their track record, and the level of progress already made.

“The structure ensures alignment on every drawdown and gives us strong visibility on the delivery path.”

Deepak Drubhra, co-founder at Westfort Advisors, added: “This transaction presented several structural challenges —  most notably the listed status of the asset and the need to refinance part-way through the development phase.

“Working closely with Ortus, we were able to agree on a funding structure that balanced development risk and significantly improved the sponsor’s return on capital.”